No, that is a
1987 - 1991 Ford F150/F250 XLT Lariat tailgate finish panel. You can tell by the "FORD" script - all of the nameplates from 1987 - 1991 had this same style font.
The finish panel changed again slightly in 1992 to blockier "FORD" style lettering and a black reflective panel.
The 1985/1986 Bullnose finish panel had the tailgate handle cut out. The 1987 - 1991 and 1992 - 1996/7 did not because the tailgate handle was relocated higher up on the tailgate.
The Bronco finish panels all had a keyhole off to the left side.
Lucille: 1985 Ford F150 XLT Lariat
*Colors: Dark Canyon Red exterior, Canyon Red interior
*Engine: 5.0, CompCams 31-230-3, "Thumper" E7 heads, Edelbrock Performer intake, Autolite 4100 carburetor, DuraSpark II ignition, Thorley Tri-Y headers, Flowmaster dual exhaust, H-pipe.
*Drivetrain: AOD transmission, 3.55 gears, 2wd.