The gold market remained under pressure in the morning trade in response to renewed strength in the US Dollar and sagging oil prices. Surprisingly the Dollar remained strong in the face of a 4.7% decline in US Pending Home sales and a slightly larger than expected increase in May US wholesale trade of +0.8%. However, gold prices weren't even lifted in the face of a bullish price forecast from Gold Fields Mineral Services, more than likely because oil prices were falling sharply just ahead of mid session and the US Dollar was seemingly benefiting from that action. It even appeared that strength in equity prices provided a slight undertow for gold prices in the morning trade.