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DCby u/dcastro·3dAnalysis

XAUUSD eyeing 1985 again

Seems like XAUUSD is once again testing the waters around the 1985 level. We've seen rejection there a few times now, so I'm watching closely to see if it can develop any real traction this time. A clean break and hold above 1990 would suggest a move towards 2000 is on the cards, but a failure here could easily see us drift back towards the 1965 support. The key risk for me is if it gets stuck in choppy action around 1985 without a clear decision.

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