#XAUUSD Golden Key Nodes: 3300 or 3400?

On Monday, during the Asian session, spot gold declined, reaching a low near $3367, currently hovering around the downward trend line since April. If it falls below $3300, it may turn bearish; a breakthrough above $3400 could lead to new highs. Short-term support levels to watch are $3365, $3350, and $3335. This week's key focus: Tuesday's US CPI data, Thursday's PPI, and Wednesday's retail sales, closely monitor changes in Federal Reserve interest rate cut expectations.