Correct, bearish for Gold if Republicans take both the House and Senate.
In saying this Democrats have clawed back a lot of seats for the House and are now looking likely to take the House haha.
Futures have given up all of their gains..
Looks like its going to be a slug for both parties, although the eastern states are more known for being Democrat supporters so we could likely see the initial prediction playing out of a majority House win for the Democrats.