I wouldn't bet against it
The Chinese Lunar New Year holiday is approaching later this week, whereby the world’s largest nation and second-largest economy mostly shuts down for several days. Most Asian markets could see subdued trading action during the Chinese holiday.
http://www.kitco.com/news/2014-01-29/Gold-Higher-on-Short-Covering-Safe-Haven-Demand-as-FOMC-Statement-Looms.html