Note$ -I was hesitant to short gold mostly because of tensions with North Korea, however IMO any military escalation from now on is unlikely. Market got used to North Korea shooting wanna-be-ICBMs and missiles every now and then. -I expect gold to be losing value til next friday -US inflation data next friday might push Gold up a bit (as per labor report I expect...
Gold is hovering above 1170 support - its worth watching. I expect a rally on market open, as gold tends to rally during Asian Sessions in early January - judging by historical data. As there is official US claim of Russian involvement in US elections, mild upmove is likely, yet not certain since markets are waiting for what stance will Donald take on this...
Despite US December rate hike almost totally priced in, I can still see a little up-movement - lets see....