Thoughts on Gold's Recent Range and the 1980 Level

Been watching XAUUSD pretty closely the last few weeks, and it feels like we're consolidating. That 1980 level, in particular, seems to be a real sticky point. It's held as resistance multiple times now, and any dips below it have been quickly bought back up. I'm curious if others see it as a key area for a potential breakout or breakdown.

My current thinking is that a sustained break above 1980 could open up a move towards 2000+, but if it fails to hold as support on a deeper correction, then we could easily see a retest of 1960 or even 1950. The risk for me right now is a clear close below 1960; that would definitely invalidate the current range-bound sentiment I'm observing and suggest more downside.