Gold 1H: Bullish Structure Targets 4,640 Liquidity

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Gold 1H: Bullish Structure Targets 4,640 LiquidityGoldOANDA:XAUUSDRichard_PrimeInsightsGold continues to hold a strong bullish structure on the 1H timeframe, with multiple BOS confirming sustained upward momentum. Price has expanded sharply from the Demand Zone + Support around 4,300–4,330 and is now approaching the major Resistance + Buy Side Liquidity zone around 4,640–4,680. The current impulsive leg has pushed price into a premium area, increasing the probability of a short-term corrective retracement before the next expansion. The 0.5–0.618 Fibonacci zone + POI around 4,440–4,475 represents the key area to monitor for a potential reaction. Global Context The broader market structure remains bullish, supported by successive structural breaks and a clear sequence of higher highs and higher lows. However, price is now trading close to a major liquidity pool, where resting buy-side liquidity above previous highs could attract a final upside sweep before distribution or deeper retracement. Smart money may first drive price into the 4,640–4,680 liquidity zone, then trigger a corrective move toward the Fibonacci POI before determining the next directional expansion. Technical Playbook The Bias: Short-Term Bullish Expansion / Medium-Term Liquidity Sweep. The primary focus remains on tracking price toward the upper resistance and buy-side liquidity pool. The Main Horizons: Tactical execution is centered around the 4,440–4,475 FIBO Zone + POI, while the 4,300–4,330 Demand Zone + Support remains the deeper structural defense. The Target Path: Price is projected to complete a buy-side liquidity sweep toward 4,640–4,680, followed by a corrective retracement into the 4,440–4,475 POI. If this zone holds, another bullish expansion can develop. Invalidation: The bullish continuation framework weakens if price breaks and sustains below the 4,300–4,330 Demand Zone + Support, signaling a deeper structural correction and invalidating the immediate bullish continuation thesis.