Gold Bounce Ahead? Bears Still Control XAUUSD 25/06GoldOANDA:XAUUSDAdrian_NovaTraderXAUUSD has reached the 3,970–3,980 H2 support zone after a sharp bearish expansion from the 4,190–4,210 SMALL OB. Price is now deeply extended into demand, which may create a short-term recovery toward nearby liquidity. However, the broader H2 structure remains bearish. The current reaction from support should be treated as a potential bullish retracement unless buyers can reclaim the key liquidity and supply zones above. For now, sellers remain in control. Currently • Price is reacting from the 3,970–3,980 H2 support zone • Selling momentum has pushed deeply into demand • Buyers may attempt a short-term relief bounce • Price remains below the 4,075–4,085 liquidity zone • The H2 bearish structure remains intact • Major supply remains above current price • Any upside move is corrective until key resistance is reclaimed Trading Plan Bias: Bullish Retracement Within a Bearish H2 Structure Main Zone • 3,970–3,980 → H2 Support Zone Execution Idea As long as price holds above the 3,970–3,980 support zone, buyers may attempt a recovery toward the 4,075–4,085 liquidity zone. A reclaim and sustained hold above this area could allow price to extend toward the 4,120–4,140 SELL OB. However, the upside remains corrective while price trades below the 4,190–4,210 SMALL OB. A rejection from liquidity or supply may provide sellers with another opportunity to continue the broader bearish trend. Targets → TP1: 4,025 → Previous H2 Structure Level → TP2: 4,050 → Internal Liquidity → TP3: 4,075–4,085 → H2 Liquidity Zone → TP4: 4,120–4,140 → H2 SELL OB Invalidation A confirmed H2 candle close below 3,970 would invalidate the bullish retracement scenario and suggest further bearish continuation. Key Insight Gold is reacting from an important H2 support zone, but a bounce from demand alone does not confirm a reversal. Buyers need to reclaim the 4,075–4,085 liquidity zone before a stronger recovery can be considered. Until then, any upside move may simply create a better selling opportunity within the broader bearish structure. Key Question Will Gold recover from the 3,970 support zone, or will the next bounce become another selling opportunity for bears?