Gold lost some of its gains following positive US PPI data. The US PPI was 0.30% in February, slightly higher than the expected 0.20% but lower than the previous month's reading of 0.50%. Annual inflation rose to 1.6%, exceeding the expected 1.1%.
The Fed's rate cut may be delayed due to lower-than-expected US retail sales.
Technical:
Near-term support for yellow metal is at $2150, with modest resistance at $2180.

SIGNAL
Sell at $2172 with a stop loss around $2180 and a target price of $2100.