Is gold bracing for further liquidity sweeps on Monday? For OANDA: XAUUSD by SeSeLinaaa-Gold — TradingView

Geopolitical tensions between the United States and Iran are once again rising, and markets are bracing for potential volatility early next week.

Oil prices could move sharply higher on Monday if tensions continue to threaten shipping routes in the Strait of Hormuz, one of the world’s most important energy bottlenecks.

But interestingly, gold has not reacted as a classic safe-haven asset.
Instead, the metal is starting to show downward pressure.

Why?

overall narrative

There are several macroeconomic forces that may be affecting gold right now:

• Growing tensions between the United States and Iran are pushing up oil prices and adding to volatility in energy markets.
• Rising oil prices could reignite inflation concerns, underpinning potentially higher returns.
• Strengthening yields and the U.S. dollar often put pressure on gold in the short term.
• Meanwhile, SPDR Gold Trust holdings fell by 4.29 tonnes on March 13, indicating potential institutional inflows.

Even amid geopolitical pressures, gold prices could temporarily fall if markets shift toward U.S. dollar liquidity or repricing expectations.

Technology Outlook (H4)

Judging from the structure of the H4 diagram:

• Prices previously formed a bullish structure with BOS and CHOCH.
• Then, after a sharp pullback from the last peak, momentum shifted.
• Gold has now fallen below short-term support near 5046, indicating downward pressure.
• The next major liquidity area is around 4992, followed by deeper demand areas.

This suggests that the market may first sweep liquidity into support levels before any larger recovery moves occur.

critical level

🔴Resistance/Construction: 5046

🟡Support 1:4992

🎯 Main liquidity area: 4858

Scenario 1 — Bearish

If selling pressure continues:

5046 Reject
→ Liquidity Cleanup 4992
→ Demand area 4858

This would mean a larger liquidity sweep before stabilization.

Scenario 2 — Bullish

If the buyer restores the damaged structure:

Restore 5046
→ Short press
→ Rebound to recent highs

But until resistance returns, downward pressure will likely remain contained.

market discussion

Geopolitical tensions typically support gold.

But now we are seeing oil prices rising and gold weakening.

So the real question is:

Is gold ready to sweep liquidity to 4858…

Or will the hedging request return next week?

Share your views below👇