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$XAU played out Scenario A from the previous analysis and broke yesterday’s resistance, reaching 5600, where it ran into the next barrier coming from daily pivots. This is the spot where the market has to decide: continuation of the impulse toward 6000 or the beginning of a correction.
-Aggressive breakout above 5600 would open the road to 6000 -Clear rejection (first reaction from supply is already visible) of this level could create a nice short setup