Gold Analysis H4 - Bullish orderflow

After gold broke below the 3944.48 level, the market initially showed signs of further downside movement, potentially aiming to sweep more liquidity resting beneath that zone. However, the nature of the breakout suggests that it could itself be a liquidity grab rather than the start of a genuine bearish continuation.

The candle that broke this level was quickly rejected, indicating that selling pressure may have been absorbed by strong buy orders. This kind of price reaction often signals the presence of institutional accumulation or smart money activity.

As a result, the order flow now appears to be shifting, potentially preparing for a bullish move. If momentum continues to build, price may aim to sweep the liquidity resting above the trendline before deciding on the next directional move.