Gold prices are declining as traders anticipate the release of crucial US data. Notably, the price rebounded from a support level, forming a triangle pattern and exhibiting an inside bar formation on the daily timeframe. This suggests continued ranging behavior, potentially fueled by bullish momentum. I anticipate further sideways movement and will consider entering a buy position in the 2164 - 2163 range, targeting a retest of the recent resistance zone around 2181.