Gold gained slightly after a massive sell-off.
The yellow metal lost its shine after upbeat US
inflation data.

Read Till End
Fed Chairman Powell said that conditions
needed to cut rates would likely take longer tc
appear. Markets eye Israel's response to lran for
further movement. Any escalation in Middle
East tension will push gold prices higher.
Economic data to be released today-
FOMC Member Mester Speaks

Technical:
The near-term support is around $2370, a
break below targets of $2350/ The yellow metal
faces minor resistance around $2400 and a
breach above will take it to the next level of
$2420
Signal
Sell $2395/$2400 with SL around $2410 for TP of
$2400.