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JEby u/jelena86·3hAnalysis

XAUUSD - Watching the 2300 level again

Been watching XAUUSD pretty closely the last few sessions, and it seems like we're settling back into a bit of a range. The 2300 mark is proving to be a pretty stubborn psychological barrier, and it feels like any sustained move below that could open the door for a retest of the 2260-2270 area. Conversely, a clear break above 2320 might suggest a push towards recent highs, but I'm not seeing the conviction for that just yet. My personal read is that the downside risk remains higher here, invalidated if we decisively hold above 2320 for more than a day close.

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