Gold Sweeps Lows — Retrace or Reversal Next?

Price delivered exactly what we anticipated — sweeping Monday’s low and pushing into the 4810 zone with strong displacement. This confirms a clear liquidity grab followed by an aggressive sell program.

Now the focus shifts to what comes next.

At current levels, price is sitting inside a potential reaction zone, which could produce a short-term bounce. However, it’s important to note that this does not yet confirm a bullish reversal. The market has broken structure, left inefficiencies above, and remains under bearish pressure until proven otherwise.

The primary idea moving forward is to watch for a retracement into premium zones between 4985 and 5030. This area contains prior imbalance and breakdown structure, making it a high-probability region for continuation shorts if price shows weakness.

A secondary idea would be a temporary bounce from current levels into 4900–4950, but this would be treated as a countertrend move unless price can reclaim and hold above 5030.

For a true bullish shift, price must break above prior highs and show acceptance back into value.

Until then, patience and confirmation will be key. Let price come to you.