Forecast for 4th April

Spot for this week 4th-8th April...Keadaan politik timur tengah masih lagi belum stabil trend market direction akan banyak dipengaruhi oleh faktor Fundamental..US non farm payroll positive spike in market price terjadi pd jumaat lepas dimana terjadi price reversal sebelum kembali dlm posisi uptred..strong support created at 1412.08..support from oil price market demand.


Fundamental news to watch out:

• Fed Chairman Bernanke Speaks
• ISM Non-Manufacturing PMI
• Unemployment Claims

Market direction uptrend, sideways then follow by head n shoulder..Current resistance 1433  / Support 1423 mid term still bullish.

Uptrend Resistance 1433-1440 break off 1453 -1465
Downtrend support  1423-1414 break off -1412-1407 

SOURCE : http://www.goldheaven.blogspot.com/