- June 10, 2026
- Posted by: EWGFX
- Category: Technical analysis
XAUUSD has aggressively swept the sell-side liquidity resting beneath the recent lows around 4,175–4,205, triggering strong reactions from buyers and leading many traders to believe that a larger reversal is already underway.
The problem?
A liquidity sweep alone does not confirm a trend reversal.
While buyers have successfully defended the discount zone, Gold remains inside a broader bearish structure and has yet to reclaim the key liquidity area above. Until price proves otherwise, the current move should be viewed as a bullish retracement rather than a confirmed trend change.
For now, liquidity has been taken.
But buyers still have something to prove.
Currently
- Sell-side liquidity below 4,205 has been swept
- Buyers reacted strongly from the discount zone
- Short-term recovery is developing
- Price remains below key overhead liquidity
- Broader bearish structure remains intact
- Liquidity rests between 4,210–4,300
- Higher-timeframe supply remains overhead
Trading Plan
Bias: Bullish Retracement Within a Bearish Structure
Main Zone
- 4,175–4,205 → Sell-Side Liquidity & Discount Zone
Execution Idea
As long as price continues holding above the 4,175–4,205 liquidity zone, buyers may extend the recovery toward nearby liquidity and premium pricing.
The first objective remains the 4,210–4,300 liquidity range. A successful reclaim of this area would strengthen the probability of a larger corrective expansion and signal that buyers are gaining control of short-term market structure.
However, failure to maintain acceptance above the liquidity sweep low would suggest that sellers remain in control and could resume the broader bearish trend.
Targets
→ TP1: 4,210 → Initial Recovery Target
→ TP2: 4,240 → Internal Liquidity
→ TP3: 4,270 → Mid-Range Resistance
→ TP4: 4,300 → Major Buy-Side Liquidity