Gold holds $4,306 as CPI week begins.

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Gold trades on hold at $4,306 on Monday — caught between a recovering technical structure and a macro calendar that doesn’t heat up until mid-week. With no high-impact US data scheduled today and a light European docket, the session is unlikely to provide directional conviction. The path of least resistance points toward a dip toward the $4,120–$4,138 demand zone before any meaningful recovery attempt, with Wednesday’s US CPI release serving as the week’s defining catalyst.

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