As discussed in last Analysis Gold is coming near Sun Planneatry line,formed Inside Bar on Weekly chart suggresting price contraction has take place and range exapnsion will be seen in coming week. 52000 done and Price Reacted from Sun Plannearty line.
GOLD Gann Angle Chart
Bounced from Gann Support line
GOLD Plannetary Support and Resistace Line
Sun Planneatry line is acting as a resistance,Bulls made another attempt towards Sun Planneatry line red color but failed to close above it.
GOLD Harmonic Analysis
As discussed in last Analysis Price coming near 50000 can be a good entry for long trade as per harmonic pattern,Low made last week was 50629. 52000 done.