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

Gold

Reply
sponono
Super Contributor
What's the view of the gold bugs on gold
0 Kudos
8 REPLIES 8
Not applicable
it is a yellow metal and doesn't offer much of a view, not being seethrough and all
0 Kudos
Russ
Super Contributor
Only watching GFI.Right on serious support at present.The support happens to be the neckline of a 2 year H and S pattern so it had better hold! I reckon it's a low risk buy now as it's oversold,also a buy divergence on the daily rsi,but who knows with these gold shares?
0 Kudos
DEP
Super Contributor
Buy Gold shares and Gold ETF.
0 Kudos
Fredsed
Super Contributor
Here be some pertinence.. http://tinyurl.com/cb9n9yw
0 Kudos
NOMAD1
Frequent Contributor
Gold ETF as in NewGold?
0 Kudos
DEP
Super Contributor
Yes NEWGOLD
0 Kudos
NOMAD1
Frequent Contributor
0 Kudos
kwagga
Super Contributor
I like GFI, but purely from a technical point of view, Har looks better right now. I usually buy these when they start to move. Anticipating too much on Gold and Gold shares can be costly. Har moving into a Bollinger squeeze, so expect break up or down, but by the looks of things, it could be up. My target on this move up will be R80. Stop loss - close below R72.
0 Kudos