Gold 4H: Bullish Continuation Toward 4,650 Liquidity

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Gold 4H: Bullish Continuation Toward 4,650 LiquidityGoldOANDA:XAUUSDRichard_PrimeInsightsGlobal Context Gold continues to trade within an aggressive bullish expansion, with liquidity concentrated above the recent highs. After the latest impulsive move, short-term profit-taking and rebalancing can create a temporary retracement before the market attempts to reach the external buy-side liquidity. The current structure favors a liquidity-driven continuation scenario, where price may first rebalance the FVG and test the Fibonacci retracement area before generating another bullish impulse toward the upper resistance zone. The projected price path therefore anticipates a corrective move toward the 4,480–4,500 region, followed by a possible recovery toward 4,550 and ultimately the 4,650–4,700 Buy-Side Liquidity + Resistance zone. Technical Playbook The Bias: Short-Term Corrective Pullback / Medium-Term Bullish Continuation. The H4 market structure remains bullish as long as the major demand and support framework remains protected. The Main Horizons: Tactical execution should focus on the 4,380–4,440 FVG as the first reaction area and the 4,300–4,330 Demand Zone + Support as the deeper structural defense. The Target Path: Following the current expansion, price may retrace to rebalance the FVG and mitigate nearby liquidity before forming another bullish leg. A successful reaction from the retracement structure could drive price toward 4,650–4,700, where significant buy-side liquidity and resistance are positioned. Invalidation: The bullish continuation framework weakens materially if price establishes sustained H4 closes below the 4,300–4,330 demand zone, as this would indicate a deeper structural correction and invalidate the immediate bullish continuation setup.