SLL Sweep Before RecoveryGoldOANDA:XAUUSDSimon_wave Fundamental Analysis Gold remains sensitive to a firm U.S. dollar, high Treasury yields and inflation expectations. U.S. CPI is now the key catalyst and could create strong volatility around Fed rate expectations. Technical Analysis On H1, Gold remains in a bearish structure after the recent CHoCH and BOS, with price now trading near 4,334. The main downside focus is the 4,280–4,290 SLL, where the current bearish wave may complete. If price sweeps this liquidity and buyers confirm a reaction, a corrective recovery could develop toward the 4,362–4,380 Fibo Zone + VAL, followed by the 4,388–4,400 POC. Important Key Levels 4,430–4,440 — OB + Support / Major Resistance 4,388–4,400 — POC 4,362–4,380 — Fibo Zone + VAL 4,280–4,290 — SLL / Main Liquidity Trading Scenario Buy priority comes only after a sweep into 4,280–4,290 followed by bullish H1 confirmation. Target: 4,362–4,380 first, then 4,388–4,400. Invalidation: H1 acceptance below 4,280. Overall View The H1 structure is still bearish, so buying early is less attractive. The cleaner setup is to wait for the lower liquidity sweep and then watch for a confirmed recovery wave. Will Gold sweep 4,290 before rebounding toward the Fibo Zone?