XAUUSD – Weekly Close: Gold Still Weak Below Sellside Liquidity GoldOANDA:XAUUSDHannah_MarlandXAUUSD – Weekly Close: Gold Still Weak Below Sellside Liquidity Gold is ending the week in a fragile position. After several recovery attempts during the week, price is now trading around 4,285 and still struggling below the main sellside liquidity area near 4,450 – 4,520. The chart shows that gold failed to reclaim higher resistance and is now pressing back toward the lower structure. The bigger picture is important here. Gold recovered strongly from the July–August base, but the rejection from the upper Fibonacci area created a clear corrective phase. This week, price remained heavy as sellers continued to defend rallies, while buyers only managed to protect the lower demand area temporarily. From the market side, gold is still affected by a strong USD, elevated Treasury yields, and cautious sentiment before major geopolitical and U.S.–China developments. This explains why the market has not produced a clean bullish continuation yet. Technical view: Gold is trading below the short-term recovery structure. The current price is around 4,285. The nearest resistance is the sellside liquidity zone around 4,450 – 4,520. The larger sell zone is around 4,615 – 4,694. As long as gold stays below these areas, the recovery remains weak. The lower support zone is around 4,000 – 3,950. This lower area is marked as the lowest point of the week / major reaction zone. A clean loss of 4,250 may open the way for a deeper move toward this lower support. Key levels to watch: Current price: 4,285 Short-term resistance: 4,450 – 4,520 Major sell zone: 4,615 – 4,694 Current support: 4,250 – 4,280 Major lower support: 4,000 – 3,950 Bullish recovery confirmation: above 4,520 Bearish continuation: below 4,250 Main scenario: If gold stays below 4,450 – 4,520, sellers may continue to control the short-term structure. A weak pullback into this zone could become another reaction area for sellers before price continues lower. If gold breaks below 4,250, the next downside focus may shift toward 4,000 – 3,950. Alternative scenario: If buyers defend 4,250 – 4,280 and price breaks back above 4,520, the bearish pressure may slow down. In that case, gold may attempt a stronger recovery toward 4,615 – 4,694, where the larger sell zone is waiting. Hannah’s view: Gold is not showing a strong bullish reversal yet. This week, buyers tried to defend the lower area, but the chart still shows pressure from the upper liquidity zones. The market needs a clean reclaim above 4,520 before I can view the recovery as stronger. Main view: gold remains weak below 4,450 – 4,520. If 4,250 breaks, sellers may push price toward 4,000 – 3,950. A real recovery only becomes clearer above 4,520. No confirmation means no trade. Do you think gold will defend the lower support next week, or will sellers push price toward the 4,000 area?