• Gold is currently trading at $1092 levels, made intraday low at $1087 and high at $1093 levels.
  
  
• Intraday bias remains bullish in the back of safe heaven asset.
  
  
• Investors still remain worried over the global growth outlook, particularly after disappointing Chinese Q4 GDP data released on Tuesday showed the slowest quarterly growth in the country's last 25 years.
  
  
• Last week, the metal had hit a two-month high of about $1,112 as a storm in Chinese stocks fueled appetite for safe-havens, but prices have dropped somewhat since as expectations of further interest rate hikes from the Federal Reserve (Fed) lowered the demand for the non-interest-paying asset.
  
  
• In US session, US CPI and housing starts and building permits data will be released, which will give the parity new directions for trading.
  
  
• We stick to our bullish call on XAUUSD.We prefer to stay long on XAUUSD from $ 1087-$1090, Stop loss at $1082, Target $1097 levels.