XAUUSD Buy Setup After Liquidity GrabGoldOANDA:XAUUSDGold_Market_MindXAUUSD (Gold) 15M Technical Analysis The chart shows a strong bullish breakout above previous intraday resistance near 4,380, followed by an aggressive bearish rejection. This indicates that buyers initially pushed the market higher, but sellers quickly absorbed the move and forced price back into the previous range. Key Observations False Breakout / Liquidity Grab: The marked "break" above resistance appears to be a liquidity sweep before a sharp selloff. Support Zone: Price is currently reacting around 4,260–4,272, a short-term support area highlighted on the chart. Bullish Retest Scenario: If buyers defend this support zone and form higher lows, a recovery toward the target area becomes possible. Risk Level: A breakdown below 4,246 would invalidate the bullish setup and suggest further downside pressure. Trade Idea (Educational) Entry Zone: 4,260–4,272 support area Stop Loss: Below 4,246 Target: 4,359 Risk-to-Reward: Favorable if support holds and bullish momentum returns. Market Structure Short-term trend remains corrective after the sharp rejection. Confirmation for longs would be a bullish engulfing candle, higher low formation, or strong volume reaction from support. Failure to hold support could lead to continuation toward lower liquidity zones. Conclusion: XAUUSD is testing a critical support area after a failed breakout. A successful defense of 4,260–4,272 could trigger a bullish rebound toward 4,359, while a break below 4,246 would weaken the bullish outlook and favor sellers.