XAUUSD Technical Analysis: Buyers Recover After Liquidity Sweep

Gold is recovering on the H1 chart after a sharp decline from the 4,454.26 area. Price swept the equal lows near 4,324.51 before finding buying interest. The first resistance is 4,350.46, followed by 4,376.41. Today’s US economic releases could add volatility during the New York session.

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oday’s Economic Calendar

Time (GMT)	Economic Event	Impact	Possible Effect on XAUUSD
12:30	US Core Retail Sales (MoM)	High	Stronger data may support the USD and weigh on Gold.
12:30	US Retail Sales (MoM)	High	Weaker data may support Gold through USD weakness.
14:00	US Prelim UoM Consumer Sentiment	Medium	A significant surprise could affect USD and Gold volatility.

XAUUSD Market Structure Analysis

The H1 structure remains corrective after Gold rejected the 4,454.26 area, marked as the Previous Day High. The decline pushed price through several intraday levels before reaching the equal lows around 4,324.51.

Price then traded below those lows and quickly recovered. That rejection shows that sellers could not hold the breakdown. The move also produced a short-term change in structure on the lower timeframe.

The nearest upside objective is 4,350.46, where the Previous Day Low and bearish Fair Value Gap meet. A sustained move through this area would bring 4,376.41 into focus, which marks the Previous Week High.

The deeper H1 demand area is positioned around 4,233.68–4,246.66. For the current recovery setup, however, 4,311.53 is the key level. A break and hourly close below it would weaken the bullish view considerably.

XAUUSD Trading Plan

Market Bias	Entry Zone	Stop Loss	Take Profit 1	Take Profit 2	Risk Reward	Holding Time
Bullish Intraday	4,321.54–4,325.00	4,311.53	4,350.46	4,376.41	1:2.89	4–12 hours

Before entering, traders should look for continued buying above the swept lows and a clear lower-timeframe bullish confirmation. A weak rebound without follow-through does not justify chasing the move.

XAUUSD Price Outlook

Bullish Scenario

A sustained hold above 4,321.54 keeps the recovery in play. A move through 4,350.46 would open the way toward 4,376.41. Buyers need to maintain price above 4,311.53 for the setup to remain valid. A decisive break above 4,350.46 would strengthen the short-term bullish outlook.

Bearish Scenario

A confirmed H1 close below 4,311.53 would invalidate the current bullish setup. Sellers could then target the lower imbalance around 4,285.58. Further weakness would expose the H1 demand zone between 4,233.68 and 4,246.66.

Key Support and Resistance Levels

Level Type	Price Level	Technical Reason
Resistance 2	4,376.41	Previous Week High
Resistance 1	4,350.46	Previous Day Low and bearish FVG
Pivot	4,331.72	Current reference level
Support 1	4,321.54	Recovery base after liquidity sweep
Support 2	4,311.53	Key invalidation level

XAUUSD Outlook Today

XAUUSD has a short-term bullish bias after recovering from the equal-low sweep. The immediate test is 4,350.46. Holding above 4,311.53 keeps the upside targets at 4,350.46 and 4,376.41 in focus. A break below 4,311.53 would shift the intraday bias back toward sellers.

Analyst’s Note

Avoid chasing the first spike. Let price confirm support after the liquidity sweep and manage risk around 4,311.53.

Disclaimer

Trading forex and commodities on margin involves significant risk. Use appropriate position sizing and never risk more than you can afford to lose.