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Gold sits at 3-month tops amid mixed Asia, above $1140. The yellow metal remains underpinned by mixed trading seen on the Asian indices while a minor recovery seen in the US dollar against its major peers, appears to restrict the upside in gold.

Looking ahead, all eyes remain on the US payrolls data due on Friday for further insights on the Fed’s outlook on the interest rates, which have major impact on the USD moves.

Uncertainty around the timing of the next U.S. rate hike has burnished gold's safe-haven draw that has been on full display since the year began as investors shunned risky assets.

The CME group’s FED Watch tool reflected only 14% chance of a Fed hike in March, 18% in April and 24% in June

BMI Research, part of ratings agency Fitch, said gold is now increasingly likely to move between $1,000 and $1,200 instead of pushing below $1,000 this year as it had previously thought.

Analyst from FXStreet said, the metal has an immediate resistance at 1147.60 (Oct 30 High) and 1150 (psychological levels). Meanwhile, the support stands at 1137.83/ 1136.29 (daily pivot/ 1h 20-SMA) below which doors could open for 1131.50/1130 (5-DM/ round number).

Reference: FXStreet, CNBC, Reuters