Gold price (XAU/USD) attracts some dip-buying near the $2,023-$2,022 ara on Wednesday and refreshes daily low during the early European session. The precious metal, however, remains confined in a familiar trading range held over the past four days and below the $2,040-$2,042 supply zone. Traders opt to wait for this week's important US macro releases – the Advance Q4 GDP report on Thursday, followed by the Core PCE Price Index on Friday – for cues about the timing of when the Federal Reserve (Fed) will start cutting interest rates. This, in turn, will influence the near-term US Dollar (USD) price dynamics and determine the next leg of a directional move for the commodity.