Last night's drop more likely due to March option expiry, and tonight may also have a bit of follow through as its the last trading day for the February contract.
930-940 more likely area as that's where the 18 day moving average lies, but if it gets to 900 buy with both hands coz it should slingshot fast back up to start the 4th and hopefully final assault on $1000.
If the stockmarket follows through on its rally as well, then more safehaven trades will come out of gold at the same time - then hopefully we can get the less volatile push upwards based on inflation rather than the emotion.
Only my thoughts - see what happens over the next couple of days.
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