Could Gold be preparing for one final liquidity grab before launching toward fresh weekly highs?

Gold is stabilizing around 4,063 after last week's heavy volatility driven by the Fed meeting, US GDP, Core PCE, and NFP expectations. While the US Dollar remains relatively firm, Treasury yields have eased slightly as traders begin positioning ahead of this week's labor market data and PMI releases.

This creates a classic environment where Smart Money often engineers liquidity before the next expansion.

📊 H1 Smart Money Analysis

From an ICT/SMC perspective, price is developing inside a compression structure.

The recent selloff created a series of lower highs, but buyers successfully defended the demand zone around 4,030-4,035, preventing a deeper markdown.

Price is now approaching a confluence area where the descending HTF trendline intersects with a previous resistance block around 4,100-4,105.

This is the decision point.

A clean break above that area would invalidate the recent bearish order flow and expose untouched buy-side liquidity resting near 4,160.

However, institutions often prefer sweeping nearby liquidity before expansion.

A pullback toward 4,035 could provide the final discount accumulation before continuation higher.

📌 Key Levels

🔵 Buy-side Liquidity Target
4,158 - 4,163

🟥 HTF Trendline Resistance
4,098 - 4,105

🟢 Intraday Support
4,030 - 4,035

🔻 Structural Invalidation
Below 4,020

📈 Trading Plan
Bullish Scenario ✅

If price holds above 4,030-4,035 and breaks the descending trendline with bullish displacement,

→ Look for an LTF BOS/CHOCH retest.

Targets:

• TP1: 4,100

• TP2: 4,125

• TP3: 4,160

Alternative Scenario

If price rejects from trendline resistance,

expect a liquidity sweep back into 4,030 before buyers attempt another expansion.