The analysis focuses on XAUUSD using a 15-minute chart. The current trading range is specified, with the market stuck in a narrow range. Following CPI data, the dollar index fell but gold failed to capitalize. A key resistance area is noted around 3367-3370, based on a yellow box on the chart. The market has tested the resistance level 7-8 times. Expectations are for a break of this resistance or SL hunting. Selling opportunities identified near 3367-3370, referencing a previous support level becoming new resistance. Expectation that if gold is going down the volume will matter a lot and you can expect this during US session if the price action goes below 3330 you can consider short positions in the market for the instrument. The analyst mention that for a long position you can find this in a range of 3331-35, so with low volume you can consider a buy position in the current level.