Gold on the back foot ahead of US data release

Recovery off lows failed to translate into daily gains and now gold trades moderately weak on the day around $1230/Oz ahead of the US advance retail sales release.
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United States Retail Sales ex Autos (MoM) below expectations (0.1%) in February: Actual (-0.1%)

United States Retail Sales ex Autos (MoM) below expectations (0.1%) in February: Actual (-0.1%)
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