Gold is now trading under the ascending trend line resistance after a big rejection in weekly chart, as well as in daily chart too. And RSI also on Over bought zone.. Here I think it has chances to come down to touch its support line @ 1365.
Rejected/Bounce from the strong support level, & as we can see this has also touched the last low of Jan 2016.
However we got here a RSI bull divergence too.
So we can expect for uptrend / trend reversal from this level.