Gold retreated further on Monday from a 14-month peak hit in the previous session as the dollar strengthened on strong US retail sales data before the US Federal Reserve meeting this week. Spot gold was down 0.6% at $1,333.81 per ounce at 0946 GMT. Gold had hit $1,358.04 on Friday, its highest since April 11, 2018. US gold futures slipped 0.5% to $1,341.70 an ounce. "After weeks of positive movement we are seeing a correction in gold prices, however, the trend remains positive," said ActivTrades analyst Carlo Alberto De Casa.