GOLD Forecast Nov 26 - 30

GOLD had a quiet week for most part of last week but pulled off a fantastic US$22 climb in the last 4 trading hours to close at 1751.05 . With prices moving above the EMA100, we expect an extension of this rally, though a slight pullback is in the cards. Early week may see the pullback to critical support level at 1736.00 and when this support proves its strength, then, the bulls may play again to test 1758.00 and the ultimate target at 1776.00 .

Emas bergerak menyamping pada awal minggu lalu, akan tetapi, menghasilkan ledakan sebesar US$22 pada 4 jam terakhir dan menutup di harga 1751.05 . Dengan harga bergerak di atas EMA100, maka kita akan disuguhi dengan reli kelanjutan. Namun, di awal minggu kita mingukin akan melihat penarikan ke level support kirits di 1736.00 , dan apabila level support ini membuktikan ketangguhan, maka sang banteng akan beraksi lagi untuk mengetes level 1758.00 dan target pamungkas di level 1776.00 .
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