Gold will hit 1000 easy in January, dollar is falling like a rock like I predicted. We may see a spike towards the end of this week a lot of open interest out of the money and expiration is coming up here on friday, but IMO that is highly unlikely gold has been up 6 days in a row and 7 if it closes higher today. Also it seems like the PM traders are doing all the work and when it comes to the day session it trades like crap, everyone sells into any spike in PPS and goes lower than the previous support, and gold should be a lot higher from how fast the dollar has been dropping. Here is a 3 year chart of the index