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Watching Gold's reaction around the 2300 level closely
Been following XAUUSD's chop around the 2300 mark for a bit now, and it feels like a critical zone. We've seen it act as both support and resistance pretty consistently, indicating significant order flow there. My sense is if we get a decisive break and hold above 2300 on daily closes, particularly if it's accompanied by some follow-through volume, it could suggest a renewed push higher. The risk to that scenario, of course, is a rejection from this level, maybe a retest of 2280 or even a deeper dive towards the 2250 area. If it fails to hold 2280 after a retest, I'd consider my bullish bias on this short-term setup invalidated. It's really a wait-and-see for confirmation here, not jumping to conclusions.
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