H1 Demand Sweep Before Corrective RecoveryGoldOANDA:XAUUSDMason_DrakeGold is trading around 3,924, consolidating near an important H1 reaction area after failing to sustain the previous rebound. The macro backdrop remains challenging. A firmer U.S. dollar, rising Treasury yields and resilient labor-market data are keeping December Fed tightening expectations elevated. This limits the strength of Gold’s recovery despite recent attempts to stabilize. Technical View The broader H1 structure remains bearish after the clear CHoCH from the 4,08x region and the subsequent downside displacement. However, price is now compressing around the 3,918–3,936 Immediate Reaction Zone, while the rising lower trendline is still providing short-term structural support. The chart projection favors one deeper liquidity move first. The strongest support below sits at 3,868–3,883 Lower Demand / Potential Reversal Zone, directly above the 3,867.268 structural low. If buyers defend this zone, the chart allows for a corrective recovery toward the upper resistance structure. Key Zones 4,068–4,086 — Major Supply / HTF Bearish POI 3,984–4,004 — Major Resistance / Bearish POI 3,918–3,936 — Immediate Reaction Zone 3,868–3,883 — Lower Demand / Potential Reversal Zone 3,867.268 — Structural Low Trading Plan Buy Priority — after the lower liquidity test. The main scenario is to allow Gold to move below the current reaction structure and test the 3,868–3,883 Lower Demand Zone. I do not want to chase the current price around 3,924. The preferred condition is a liquidity sweep into lower demand followed by clear H1 bullish confirmation. If buyers respond, the first recovery objective is the 3,950–3,965 area. A controlled pullback from there would be acceptable as long as the higher-low structure remains protected. The main corrective upside objective then becomes 3,984–4,004 Major Resistance / Bearish POI. The projected sequence is: 3,918–3,936 weakness → 3,868–3,883 liquidity test → bullish confirmation → corrective recovery toward 3,984–4,004. Important Note The broader trend is still bearish, so this setup represents a corrective recovery, not confirmation of a full bullish reversal. A sustained H1 breakdown below 3,867.268 would invalidate the recovery thesis and confirm continued downside expansion. On the upside, 3,984–4,004 remains a major bearish POI. Any recovery into that zone must be reassessed rather than automatically treated as continuation higher. Buy View The buy-side view is conditional on a reaction from 3,868–3,883. The strongest opportunity is not current price. I want the market to test lower demand first, show that sellers cannot sustain pressure below the structural low, and then confirm buyer participation. Final View Gold remains bearish on the broader H1 structure, but price is approaching a zone where the downside may become temporarily exhausted. The key level is 3,868–3,883 Lower Demand. If buyers defend this area after a liquidity sweep, the chart favors a corrective recovery through 3,918–3,936, followed by a larger move toward 3,984–4,004 Major Resistance. For now, the plan is simple: lower demand first, confirmation second, recovery toward resistance third.