GOLD - BULLS CHASE THE HIGHS, BEARS HUNT THE LOWSXAU/USD Spot - GoldFX:XAUUSDFX_Scrubbsπ‘ Hello Bandies β Gold has endured another volatile week. After reaching approximately $4,217 on Monday, price sold off toward $4,073 on Wednesday, before recovering into the end of the week. The recovery is significant, but Gold has yet to reclaim the resistance areas that would establish a convincing higher-timeframe bullish reversal. Our overall bias: Bearish on the higher timeframes, with a developing short-term recovery. A retracement into overhead liquidity and supply remains a scenario worth watching, but selling requires fresh structural confirmation. π΄ Monthly: Bearish π΄ Weekly: Bearish correction π΄ Daily: Bearish, stabilising π‘ 4H: Bullish retracement attempt π‘ 1H: Recovery facing resistance Lets deep dive : π£ Monthly β Bearish correction - Gold previously rallied toward the $5,600 region before experiencing a significant reversal. - A monthly bearish CHoCH is marked around $4,300, suggesting the previous bullish structure has weakened. - Price has failed to reclaim the $4,550 resistance region. - The recent recovery from around $3,950 has stalled, with sellers defending the $4,450β$4,550 region. - Monthly MACD momentum continues to weaken, supporting the broader corrective outlook. Bias: π΄ Bearish correction, with $3,950 remaining an important structural support. π΄ WEEKLY β THE BEARS STILL HAVE CONTROL Gold continues trading within its broader bearish corrective structure. The descending resistance trendline remains overhead, while the rising support trendline and major demand region are being challenged. π§² Critical support: $4,110 / $4,067 / $4,023 π΄ Resistance: $4,285 / $4,399 / $4,450 A sustained break below the major demand region could expose deeper sell-side liquidity. π΄ DAILY β THE RECOVERY ISN'T A REVERSAL! Wednesday's CPI-driven selloff pushed Gold toward $4,073, followed by a strong Thursday rebound. However, Friday failed to establish a meaningful breakout above resistance. The Daily structure remains bearish, although selling momentum has started to stabilise. Until buyers reclaim key resistance, we're treating rallies as potential retracements. π π΄Resistance: $4,200β$4,220 β $4,225β$4,255 β $4,285. π’Support: $4,147β$4,110 β $4,073β$4,067. π‘ 4H β WATCH THE FVG! The 4H has shown signs of recovery, but the broader bearish structure remains a concern. Our areas of interest: π§² $4,200β$4,220: Immediate buy-side liquidity π‘ $4,225β$4,255: Previously marked 4H FVG π΄ $4,285β$4,297: Higher supply zone A liquidity sweep into these areas followed by bearish confirmation could offer the higher sell we're looking for! π‘ 1H β BUYERS HAVE WORK TO DO! The 1H recovery has struggled to sustain momentum above $4,200. A reclaim of $4,200β$4,220 could open the door for a deeper retracement. But failure to defend $4,147β$4,150 would strengthen the immediate bearish case. βοΈ Three trading scenarios π’ SCENARIO A β THE BULLS FIGHT BACK! π Gold reclaims $4,178β$4,200, breaks above $4,217β$4,220, and delivers a successful retest. π― Upside Targets: π $4,225 β $4,255 β $4,285/$4,297 β οΈ Remember, this is still a bullish retracement, NOT a confirmed Daily trend reversal! π΄ SCENARIO B β THE HIGHER SELL! π»π° Gold sweeps buy-side liquidity around $4,200β$4,220, or pushes higher into the $4,225β$4,255 supply/FVG zone. Then we wait for the bears to show their cards! π π§² Liquidity Sweep β π Bearish CHoCH βπ₯ 30M/1H BOS βπ― Retest & Execute Potential Downside Targets: π₯ $4,165 β $4,147 β $4,110 β $4,073 π« A sustained break above the selling zone? NO SELL! We reassess. π£ SCENARIO C β THE FLOOR COLLAPSES! π If Gold breaks and accepts below $4,110, followed by a sweep or confirmed breakdown of $4,073β$4,067, things could get ugly for the bulls! ππ π― Extended Downside Targets: π $4,023 β $4,000 β $3,943 β οΈ But beware of the classic SELL-SIDE LIQUIDITY TRAP! A sweep below support followed by a strong reclaim could catch late sellers off guard. π§² Liquidity Sweep β π CHoCH β π₯ BOS β π― Retest β Execute βοΈ THE GAME PLAN π’ Bullish retracement: $4,200 β $4,220 β $4,255 β $4,285 π» Preferred higher sell zones: $4,200β$4,220 / $4,225β$4,255 / $4,285β$4,297 π― Potential bearish targets: $4,165 β $4,147 β $4,110 β $4,073 And if the HTF floor gives way... π₯ $4,023 β $4,000 β $3,943 π₯· βTHE BULLS MAY HAVE WON A ROUND, BUT THE BEARS HAVEN'T LEFT THE RING!β π₯π₯ π₯ PLAN THE TRADE & TRADE THE PLAN.