Technical Analysis: Gold continues to consolidate within the 4700-4800 range, a market condition that is causing headaches for many investors. Gold prices are expected to continue consolidating in the short term. 4700 remains a key level, serving as a crucial pivot point. It's important to emphasize that if the price breaks below 4700, or if the H1 chart closes below 4700, the structure will be considered topped, indicating a downtrend. This would present opportunities to short. Intraday trading can be profitable with both short-term sell and buy orders. Pay close attention to the CPI data. #XAUUSD #XAUUSD