Gold again approaches $350. Markets fear conflict with N Korea now.
The US will not fight on two fronts. ( my strong view) It could be of course that China is behind Korea's stance, to try to destabilised the US - what a co-incidental time to start up your nuclear program.
Also am I the only one here thinking that the US will not let this gold/dollar/currencies one way slide conditnue indefinitely? Expect support rfom the Fed in the next week or so if this slide does continue.
If not we could see support at $372 tested in a week or so. If so, I'm in trouble, but I expect long before $360 is tested ist, I'll have hedged my short Future position to end up fairly neutral.
Good luck for the new Year, we all certainly need some.