XAUUSD by Lana_M2 — TradingView

XAUUSD H4: Gold is trying to rebuild above support, but buyers still need to regain access to higher liquidity

Gold is consolidating after the recent pullback, but the broader structure of the H4 framework will still require stronger confirmation before we can believe in a greater recovery. The recent bounce suggests buyers are once again active below support, but prices remain below the all-important liquidity zone mentioned above.

basic background

The overall tone for gold remains mixed.

On the one hand, domestic gold prices in India fell slightly, with gold prices in rupees lower than last Friday. This indicates a decline in immediate demand and reflects short-term pressures across the market.

Gold prices, on the other hand, maintain a constructive technical stance after responding to deeper support. This tells us that although momentum has slowed, buyers haven’t completely left. Currently, the market is balancing between recovering demand and broader caution.

H4 technical architecture
Overall structure

On the H4 chart, XAUUSD rebounded from lower support areas after a sharp decline. The market has staged a meaningful reaction from its recent bottom, suggesting buyers remain willing to defend lower prices.

However, the broader structure is still not entirely bullish. Price remains below the more important liquidity levels mentioned above, so the current move should be viewed as a recovery phase approach rather than a confirmed trend reversal.

4,500 – 4,642: Current support base

The first important support level is between 4,500 and 4,642 points.

This area now serves as a short-term base for the current rally. As long as gold prices continue to hold above this area, there is still room for buyers to extend the recovery to higher levels. If prices lose this support again, the structure could weaken and the market could fall deeper into decline.

4,650 – 4,700: Nearby recovery areas

Gold prices are currently trying to get above the 4,650 area and return to short-term resistance.

This area is important because it is the first checkpoint for buyers. If prices can remain strong here, the rebound will be more credible and open the way for continued liquidity improvements.

5,018: Major barriers to recovery

The key level above remains 5018.

This is the major structural hurdle on the chart and the level that separates a technical recovery from a stronger bullish phase. If buyers are able to reclaim the area, prospects will improve significantly.

As long as price remains below it, the current uptrend remains corrective within the broader structure.

5,200 area: Buy liquidity above

After moving higher, the next important area is the overhead liquid buy zone around 5,200.

If the rally continues with stronger momentum, this will be the next upside target. The market may also face new reactions from sellers if the recovery goes too far.

4,200: Deeper support

On the downside, deeper support remains near 4,200 points.

If the current base of support fails, this area becomes the next major area and stronger orders may need to emerge to prevent a broader downside extension.

What does demand flow indicate?

Order flow suggests buyers are rebuilding from support, but they still don’t have full control over H4’s broader structure.

So now:

Buyers are defending support area 4,500 – 4,642
The rally remains active while price remains above this base
But strong confirmation will only come when gold returns to 5,018 and drives higher liquidity

This keeps the short-term tone constructive while the broader trend still awaits confirmation.

Trading scenario
Scenario 1: Recovery continues higher

If gold prices continue to hold current support levels and buying pressure remains stable, prices may continue to recover towards the next liquidity zone.

Entry Point: Around 4,620 – 4,650 on bullish confirmation
SL: Under 4,500
TP1：4,800
TP2: 5,018
TP3: 5,200

Scenario 2: Rejected below 5,018

If the price continues its rebound but fails to reclaim 5,018, the trend may continue to correct and spin downward again.

Entry: Bearish Rejection Near Resistance
SL: Above the highest point of rejection
TP1: 4,650
TP2: 4,500

Scenario 3: Breaking below current support level

If gold loses its current support structure, the rally will weaken and the market may extend its decline toward deeper support.

Entry: Below 4,500 points after confirmed weakness
SL: Above breakout support level
TP1: 4,350
TP2: 4,200

Key levels worth paying attention to

4,500 – 4,642 → Current support base
4,650 – 4,700 → nearby recovery area
5,018 → Major Structural Obstacles
5,200 → Highest Buying Liquidity
4,200 → Deeper Support

in conclusion

Gold showed a constructive rebound from support levels, but the broader structure of the fourth quarter still needs stronger confirmation. Buyers have defended current fundamentals well, but the market remains below the all-important resistance area.

Lana’s view: As long as gold prices maintain support, the recovery remains active. But the real signs of a stronger move up will only come when buyers take back $5,018 and start injecting higher liquidity.