XAUUSD – 1H Smart Money Concept Analysis
Gold continues to show strength after reclaiming key liquidity levels last week. From an SMC perspective, the structure remains bullish, with a sequence of higher highs and higher lows forming.
Market Structure:
The pair has been consistently respecting bullish order flow. The recent sweep below 3630 was a clear liquidity grab, where sell-side liquidity was collected before price aggressively moved higher. This confirms the presence of institutional buying.
Order Blocks & Imbalances:
A strong bullish order block sits around the 3650–3660 zone, formed just before the impulsive rally.
An imbalance (Fair Value Gap) remains unfilled below current price, suggesting the possibility of a retracement in the near future.
Liquidity Zones:
Buy-Side Liquidity: The area around 3705–3710 is loaded with stop orders above recent highs. This is the primary target for bullish continuation.
Sell-Side Liquidity: The cluster around 3630 remains a potential downside draw if price rejects strongly from the upper liquidity pool.
Intraday Outlook:
Short-term bias favors a push into 3705–3710 to clear buy-side liquidity.
After liquidity is taken, watch for a potential retracement back into 3660–3650 (bullish order block) as a re-accumulation zone.
Trading Plan (Educational Purpose Only)
Bullish Scenario: Look for liquidity sweep above 3705–3710. If broken cleanly, continuation is possible.
Bearish Scenario: A rejection from 3705–3710 may trigger a retracement towards the 3660 OB.