Sunday, 24 March 2013

GOLD Forecast Mar 25 - 29

 



Gold did not look back after breaking through the EMA100 at 1593.00 to test high at 1616.75 and closed lower at 1608.25 . Further buying pressure may extend the rally for gold to test resistance at 1619.60 and ultimately at 1627.50 , where a channel cross is waiting. Should it fail at the first resistance, the downside critical support is waiting at 1600.00 , the ultimate downside target is at 1590.50 .

Emas tidak memandang ke belakang setelah ia mampu melewati EMA100 di level 1593.00 untuk menguji level tertinggi di level 1616.75 dan menutup sedikit melemah di level 1608.25 . Tekanan pembelian lanjut akan menyambung reli ini untuk emas coba menguji resistan di level 1619.60 dan yang pamungkas di level 1627.50 , di mana ada penyilangan channel sedang menunggu. Jika ia gagal di resistan pertama, support kritis berada di bawah di level 1600.00 , dengan sasaran pamungkas kebawah berada di level 1590.50 .

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