Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

GFI

Reply
sponono
Super Contributor
Looks like the falling wedge was broken at R116 and now we have a reverse head and shoulders. R135 not impossible.
0 Kudos
4 REPLIES 4
DR_1
Super Contributor
why dont you just buy GLD...no need to worry about costs etc
0 Kudos
sponono
Super Contributor
Beta way too low.
0 Kudos
kwagga
Super Contributor
I've been in this trade since the break 2 Feb. Tight stop loss @ 1340. Testing my patience, but currently I have no reason to sell.
0 Kudos
Fredsed
Super Contributor
SPOT GOLD TECHS: Gold Finally Breaks Above 100-DMA CURRENT LEVEL: $137.53 COMMENTARY: Gold finally sustaining a break above the 100-DMA and former 23.6% Fibonacci of $1157.6/1430.8 to test further resistance seen from the 55-DMA, daily Bollinger top and resistance line from Jan 27, all around $1373.30 through to $1380.00. Daily studies suggest bullish tone, although stochastic study firmly in overbought territory. Also of note, 5-DMA suggests potential golden-cross of 100-DMA in near-term.
0 Kudos