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Watching $XAUUSD 2300-2310 for support re-test
Took a quick look at the XAUUSD chart this morning, and it’s pretty clear we're still consolidating after that move down from 2400. The 2300-2310 area is sticking out to me as a potential re-test of support. We saw some buying step in around there previously, and it feels like a logical spot for the market to decide its next move.
Now, if we lose that 2300 handle convincingly, and especially if we get a sustained break below, say, 2280-2290, then my current thought process on this being a support re-test is probably invalid. Below that, I'd expect a push towards the 2250-2260 zone. Just my two cents, always room to be wrong here, but that's what I'm keeping an eye on.
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