GOLD Forecast Mar 11 - 15

Gold experienced a narrow range of a topsy-turvy week of $25 and closed at its opening price of 1577.90 . There is a balance of forces, in other words, there are equal buyers and sellers. Traditionalists would prefer to buy and hold. Technicians and informed traders are convinced that gold’s fair value is around $1,200 per troy ounce. Who is right? It’s a matter of time before the traditionalists realise gold’s fair value. That mentioned, it will be another crabbish week with bearish tendency between critical resistance at 1590.00 and critical support at 1554.90 .

Emas telah mengalami minggu tunggang-terbalik dengan rentang harga hanya $25 dan menutup di harga pembukaan yaitu di level 1577.90 . Telah terjadi keseimbangan antara pembeli dan penjual. Para tradisionalis berkeinginan untuk membeli dan bertahan. Para teknisi dan pedagang yang teliti, yakin bahwa nilai wajar emas adalah $1.200 per troy ounce. Siapa yang benar? Waktu yang akan menentukan sebelum para tradisionalis sadar akan nilai wajar emas. Dengan demikian, akan berlaku pergerakan kepiting menyamping diantara resistan kritis di level 1590.00 dan support di level 1554.90 .