$PAXG This week's market activity was lackluster, with no major data releases. Given last week's relatively small price movements, gold has been consolidating at relatively low levels, showing no clear directional trend. Last week, gold traded within a range of 4130/4000, fluctuating several times. Our outlook for gold this week remains similar: initially watch the 4130/4000 range; a break above this range will then warrant further assessment of the directional trend. #XAUUSD #FED #GOLD