As discussed in last Analysis Now bulls need to move above 52300 for coming week to see a rally.High made last week was 52250 so bulls unable to close above 52300 and saw a fall towards 50210. Coming week Bulls need a move above 51230 for rally.
GOLD Gann Angle Chart
Reacted from Gann Resistance line
GOLD Plannetary Support and Resistace Line
Sun Planneatry line is acting as a resistance need to break 51230 for a move back to 51700,52100,52555,53100
GOLD Harmonic Analysis
Price coming near 50000 can be a good entry for long trade as per harmonic pattern,Low made last week was 50213 and a good rally of 1000 points.
GOLD Pressure Date