XAUUSD - Watching that 2000 level after recent consolidation

Been keeping a close eye on $XAUUSD lately, and that 2000 mark is really holding as a psychological and technical pivot. We've seen some pretty choppy action around it, almost like a tug-of-war, since the initial surge stalled out. On the daily, it feels like we're consolidating in a fairly tight range, perhaps building energy for the next move, or simply taking a breather after the significant run-up.

My current read is that we're testing the waters around this key level. A sustained break above 2000, particularly on decent volume, would obviously open up room for another leg higher, with eyes potentially on the next fib extension or prior highs. However, a failure to hold above it, especially if we start printing daily closes beneath, say, the 1980-1985 zone, would invalidate this more constructive outlook for me. That range has acted as decent support on pullbacks recently, and a break below it could signal a deeper retracement. It's all about watching how price reacts to these areas; the market will tell us what it wants to do.