Gold Ready for a Liquidity Sweep before major bullish expansion

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Gold Ready for a Liquidity Sweep before major bullish expansion GOLD (US$/OZ)TVC:GOLDPrecisionPipLabA descending trendline with bearish structure Price approaching a strong support zone around 4000 A deeper demand zone around 3700. uggests a liquidity sweep below support before a strong bullish reversal. This is only a chart interpretation, not a guaranteed trade setup. Signal 1 Sell Continuation SELL XAUUSD Entry: 4160 _4180 On rejection from the descending trendline Stop Loss: Above the latest swing high Take Profit 1 4100 Take Profit 2 4000 TakeProfit 3 3700 Signal 2 (Buy from Demand Zone) BUY XAUUSD Entry: After a sweep below the 4000 support and bullish confirmation Conservative entry: Wait for a bullish engulfing candle or BOS upward Stop Loss: Below the demand zone 3700 Take Profit 1: 4000 Take Profit 2: 4500 TakeProfit 3; 5000 Trendline breakout area Take Profit 4: New highs if momentum continues Strong Support Zone The area marked around 4000 has been identified as a major support. Price often reacts strongly when it revisits a level where buyers previously entered. Demand Zone Below You marked a demand zone around 3700. If price sweeps below support, institutions may use that move to collect liquidity before pushing price higher. Liquidity Grab Scenario arrow shows price dipping below support first. This is a common liquidity sweep where sell stops are triggered before the market reverses upward. Descending Wedge Structure Price is compressing inside a falling structure. A breakout from such compression can lead to a strong impulsive move. Risk to Reward Buying near support provides a relatively tight stop loss while targeting much higher resistance levels, creating a favorable risk to reward ratio. What Must Happen Before Buying Do not buy just because price reaches support. Wait for: A bullish CHoCH (Change of Character A bullish BOS (Break of Structure) Strong bullish candles from support Increased buying volume What Invalidates the Buy The bullish setup becomes weaker if: Price closes strongly below the demand zone No bullish BOS forms after the liquidity sweep The bearish trendline continues holding and price keeps making lower lows My Reading At the moment, the chart is still technically bearish because price remains below the descending trendline and is making lower highs. The buy becomes high probability only after support is respected and market structure shifts bullish. Until then, a continuation toward the demand zone remains possible