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so now current price of Gold Price Per 1 Ounce 1157.08 USD
So start if we see in the chart and in the swing trading currently gold is down trend. and current downside is showing $1312.40 is the next likely downside target. and the retracement price of gold is $1311.40 to $1296.20 is the next major downside target. Should there be a surprise short-covering rally in gold price and trading .
The bottom at $1309.30 is a potential trigger point f to the downside with $1296.20 the next major downside target.
We could see the start of a short-covering rally on a sustained move over this Gann angle. if it start the going up we see the $1341.90.
note i am not professional finacial anlyst this is only for entertainment and information process all decision is yours.