The households survey is expected to decrease consumer confidence from 92.4 to 92.2 in the US, and in case the release came in red than the dollar will weaken and all majors will profit from that also gold.
Gold last support till now was at 1206 and after is trying to build a base to jump high and in case dollar got weaken during NY market we might see gold reaching 1220 even 1230. On the other hand in case the number came in green we might see gold diving again retesting the support of 1206.
Provided By Fxhighway