$GOLD dipped after hot inflation data — less need for the hedge, simple as that.

Still hovering under 4190, which leans bearish, but hasn't confirmed the breakdown yet. Could reclaim it.

Levels are clean:
• Lose 4190 clean = 3900 in play
• Reclaim 4190 = 4380 next

No confirmed setup yet. Wait for the break or the reclaim. Don't front-run it.