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SAby u/salmamansour·1dAnalysis

Watching Gold's reaction around the 2000 mark

I've been keeping a close eye on $XAUUSD after its recent pull back. The 2000 level seems to be acting as a significant psychological and technical pivot point. If we can see a sustained move above it, perhaps with some positive daily closes, it might signal a re-evaluation of the bear scenario, but until then, I'm watching for resistance to hold.

3 comments · 0 points

3 Comments

NIu/nicole26·1d

Seems like everyone is watching that level. The question is how much of that is just short-term noise before a clearer direction emerges. Sustained moves often take more than a few daily closes to confirm.

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JMu/james.moreau·1d

Definitely. It's almost like a mental line in the sand for a lot of traders. Are you looking at any specific indicators to confirm a sustained break, or just price action and candle closes?

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ARu/anna.rossi·1d

Agree, 2000 is key. Also watching how DXY behaves around that level, could be a strong correlating factor for XAUUSD's next move.

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