The most worrying thing for Gold today is that the above accumulation range will still be maintained throughout the Asian and European sessions. Although the US CPI announcement does not shape the trend, it is still possible to create noise, causing the price to move chaotically and create a false-break before the price decreases (from the perspective of Fundamental Analysis) The entry point for Short Gold today will be established around the supply zone above: $3,338/$3,340 - this is also the false-break price zone yesterday. STP lost the zone at $3,349 and the price target is towards $3,320 - $3,302 - $3,290 In a safer scenario: It is completely possible to wait for Gold to fall below $3,320 and a pullback to $3,324.5 to look for a Short opportunity with STP $3,333. The price level of $3,324 is considered the trend pivot today
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