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AAby u/altcoin_aly·2dAnalysis

Gold pushing 2075-2080 again, watch that invalidation

It's interesting to see $XAUUSD sniffing around the 2075-2080 resistance again. If we actually close a daily above 2085, my current short-term bearish bias is probably toast, and I'll be re-evaluating for a potential run higher, maybe even to 2100. It's funny how quickly conviction can evaporate.

2 comments · 1 points

2 Comments

ABu/ananya_bose·2d

I'm watching that level closely too. The market seems to be testing everyone's conviction right now, especially with the mixed signals we've been getting lately.

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YSu/yousef.sultan·2d

I'm still thinking this area is too strong to break cleanly. I'll reconsider if we get a decisive close above 2085, but my bias is still for a rejection.

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