Gold already wants to retreat?

<p>&nbsp;Gold prices eased slightly in the Asian session as investors awaited the next catalyst to move the yellow metal.</p><p><br /></p><p>Despite the decline, gold is still not far from the highs it hit last week, trading at around $1,935 an ounce at the time of writing.</p><p><br /></p><p>Market movements remained slow at the beginning of the week following the closing of markets in the United States in conjunction with the Labor Day holiday.</p><p><br /></p><p>However, the stronger US dollar trading held gold prices back from moving higher.</p><p><br /></p><p><br /></p><p>Overall, the yellow metal remained hovering in the $1,935 to $1,950 per ounce price range.</p><p><br /></p><p>Investors will be looking at key data to be published this week that may offer more aggressive moves in the market.</p><p><br /></p><p>In the meantime, uncertainty about the Federal Reserve (Fed)'s next move and lack of confidence in China's efforts to defend the world's second largest economy are also seen weighing on gold trading.</p>