Spain Retail Sales (YoY) climbed from previous 2.9% to 4% in January

Gold fades the rebound from above the $5,000 area early Wednesday, despite the decline in Oil prices. The US Dollar turns south again as risk sentiment remains in a sweeter spot, with focus on US CPI data. Technically, Gold closed Tuesday above 61.8% Fibo level at $5,141; is more upside on the cards?

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