DRD GOLD LTDLong
DRD Gold set for another push?
DRD is in a clear up-trend with no end in sight: gold is bullish around the world with demand ever increasing and bullion shortages all over. Most gold stocks have pumped dramatically in the last few months as the central banks print money into oblivion.
Based on the previous move and the confirmed 0.5 Fibonacci Retracement I am expecting another pump to around R 37.00 in the next month. The RSI has popped off a previous support line and the MACD is just about to cross to the upside. All these indicators point to a clear continuation of the bull-trend.
Based on the previous move and the confirmed 0.5 Fibonacci Retracement I am expecting another pump to around R 37.00 in the next month. The RSI has popped off a previous support line and the MACD is just about to cross to the upside. All these indicators point to a clear continuation of the bull-trend.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.