As discussed in last Analysis No Major move seen in last week and Gold traded in small range should give good move in coming week,49063 will play crucial role.22 July very Important for crude. Gold gave the big move as per expectation as both price time meet as per gann analysis. Coming week will be exiting as we are approching the Harmonic PRZ Zone and important time date of 28 July. 50767 will be an important Price level to be watched in coming week.
GOLD Gann Angle Chart
Bounced from the Gann Angle Support Zone.
GOLD Plannetary Support and Resistace Line
Gold held on to Sun Plannetary line as shown in above chart with Red Color,now the 2 red line at 51300-51500 range will act as resistance.
GOLD Harmonic Analysis
51500-51529 ABCD PRZ is getting compelted, So reversal can be seen around this range.