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Watching XAUUSD at 1900, but the real test is higher
It's interesting to see XAUUSD trying to hold 1900 again. I'm personally not convinced this is the bottom for a sustained move, as the real resistance in my mind sits closer to 1925-1930. A clean break and hold above that region would shift my view, otherwise, I suspect we might just be setting up for another retest of the lower 1880s. Of course, if we suddenly see $BAC tanking, all bets are off for every asset.
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Seems like gold just enjoys flirting with round numbers before deciding if it actually wants to commit. Waiting for a real move past 1930 feels like watching paint dry, only with more potential for heart palpitations.