Gold Trading analysis for this Week

From last weeks gold was taking support near 1900$ and on last Friday it bounce back 2% and more and closes above 2% .. Today made a high of 1985$ till this time and sustaining above 1970. If Gold cross resistance of 1985 decisively and sustain above that the further upside movement may come to reclaim all time high, but if it breaks down below 1950 then slide may  come towards 1880 level. At this time gold looks exhausting although weekly uptrend time shows the uptrend momentum is continue. 

Conclusion : Buy above 1985 if sustain with stop-loss 1950 .... Sell below 1950 with stop-loss 1990. 

On MCX, gold decline may be supported with rupee weakness and does not show much weakness compared with Comex gold. 

Here is weekly chart of Comex Gold