Gold (XAUUSD) holding steady around 1960 — watching the 1950 level

XAUUSD is hovering right around the 1960 mark again, which is somewhat encouraging after last week's indecision. I'm keeping a close eye on the 1950 area; a sustained break below that, especially on decent volume, would likely invalidate the current consolidation and could signal a deeper retracement towards 1920 or even 1900. Conversely, if it can convincingly hold above 1965-1970, we might see another run at the 1980 resistance. The recent dollar strength hasn't really hammered gold as hard as one might expect, which is interesting, but also makes me wary of reading too much into the short-term moves.