Gold Is Closing In On A Critical Buy Zone | XAUUSD 01/07GoldOANDA:XAUUSDAdrian_NovaTraderGold continues to trade within a broader bearish structure as price moves closer to the 3,940–3,950 H2 Liquidity + Buy Entry zone. This area could attract buyers for a short-term recovery, but the overall trend remains bearish until key resistance is reclaimed. The current decline appears to be targeting sell-side liquidity rather than confirming another impulsive breakdown. If buyers react from this demand area, Gold may stage a relief rally toward the nearby 4,020–4,035 POI before the next directional move develops. Currently • Price is approaching the 3,940–3,950 H2 Liquidity + Buy Entry zone • The broader H2 structure remains bearish • Selling momentum is driving price toward sell-side liquidity • A liquidity sweep below recent lows remains possible • The first resistance sits at 4,020–4,035 (POI) • Stronger H2 supply remains at 4,075–4,095 Trading Plan Bias: Bullish Retracement Within a Bearish Structure Main Zone • 3,940–3,950 → H2 Liquidity + Buy Entry Execution Idea If price sweeps the liquidity below 3,950 and forms a bullish market structure shift within the 3,940–3,950 demand zone, buyers may look for a recovery toward the nearby 4,020–4,035 POI. However, unless Gold reclaims and holds above this resistance, the recovery should be viewed as a corrective bounce rather than the beginning of a broader trend reversal. Targets → TP1: 4,000 → Psychological Resistance → TP2: 4,020 → H2 POI → TP3: 4,035 → Upper Boundary of the POI Invalidation A confirmed H2 candle close below 3,940 would invalidate the bullish retracement scenario and indicate that sellers remain firmly in control. Key Insight A liquidity sweep into demand often creates the conditions for a relief rally, but buyers still need to reclaim nearby resistance before any larger trend reversal can be considered. Key Question Will Gold attract buyers after sweeping liquidity, or will sellers extend the bearish trend before any meaningful recovery begins?