Gold's direction is highly uncertain. It is very much dependent on the movement of the US currency and the US economy this week seems more uncertain. Any bad news indicating a downturn in the US economy will drive gold prices up. You may read the following blog to learn more about the relationship between US economy/currency and gold. This will be highly useful for those who are just getting their feet wet in gold trading.
http://goldentips-plus-500.blogspot.sg/2012/08/gold-and-us-dollar.html