XAUUSD Analysis Update
Following a bullish CPI takeoff breaking through the key S&R and completing the trend validation structure with a pivot off the top side we could now see gold take a rest and pullback to the identified zone before either continuing the descending channel to push for lower lows or reject off the dynamic s&r midway and break out above the descending channel back into the long term ascending channel creating a trend validation and new higher low for the overall cycle
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