XAUUSD — Corrective Recovery After Rejecting $4,022 Low

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XAUUSD — Corrective Recovery After Rejecting $4,022 LowGoldOANDA:XAUUSDGold_Prime_Smc Gold is trading around $4,062 after rejecting the lower area near $4,022. The market failed to continue the immediate downside move, so today gold may first create a corrective recovery before deciding the next larger direction. From an SMC perspective, gold has already swept the lower liquidity near $4,022 and reacted from the FVG buy zone around $4,044–$4,060. This reaction shows that sellers may be losing short-term momentum, but the overall structure is not fully bullish yet. Price still needs to reclaim the upper FVG areas before a stronger recovery can be confirmed. The main plan for today is to watch how gold reacts after the rejection from $4,022. If price holds above the FVG buy zone and forms bullish confirmation, gold may correct higher toward the middle FVG area first, then the FVG sell zone around $4,135–$4,141. That upper zone remains important because sellers may defend the structure there. Buy setup 1 Condition: Gold holds above the FVG buy zone around $4,044–$4,060 and forms bullish rejection with lower timeframe MSS / CHOCH. Entry: $4,044–$4,060 SL: below $4,022 TP1: $4,090 TP2: $4,110–$4,115 TP3: $4,135–$4,141 Buy setup 2 Condition: If gold breaks above the middle FVG area and retests it as support, the corrective recovery can continue toward the upper sell zone. Entry: above $4,115 after breakout retest SL: below $4,080 TP1: $4,135–$4,141 TP2: $4,160 TP3: $4,202 weekly high Sell setup 1 Condition: Gold reaches the FVG sell zone around $4,135–$4,141 and shows clear bearish rejection. Entry: $4,135–$4,141 after rejection SL: above $4,160 TP1: $4,090 TP2: $4,044–$4,060 TP3: $4,022 Sell setup 2 Condition: If gold fails to hold above $4,022 and breaks the low cleanly, the correction view becomes invalid and sell-side liquidity may become the next target. Entry: below $4,022 after breakdown retest SL: above $4,060 TP1: $4,000 TP2: $3,980 TP3: $3,960 sell-side liquidity Key levels Current price area: $4,062 FVG buy zone: $4,044–$4,060 Rejected low: $4,022 Middle FVG reaction zone: $4,090–$4,115 FVG sell zone: $4,135–$4,141 Short-term resistance: $4,160 Weekly high liquidity: $4,202 Sell-side liquidity: $3,960 Bullish correction confirmation: clean break above $4,115 Stronger bullish confirmation: clean break above $4,141 Bearish continuation confirmation: clean break below $4,022 My current view is that gold may correct higher today after rejecting the decline at $4,022. The Prime Gold plan is to avoid selling low after the sweep and wait for either a buy confirmation around $4,044–$4,060 or a clearer sell reaction from $4,135–$4,141. If the $4,022 low breaks cleanly, the downside path toward $3,960 becomes active again. No confirmation, no trade.