I want...

[Wizard]

to get this one at the bottom!...and we are nowhere near it...

[Running_bull]

What do you think bottom is Wizard? I bought today at 475. Strong rand keeping it around there, but dont see rand getting stronger in next few months. and dont think will gold weaken much more?

[muc]

I agree with you running bull.Gold should climb again slowly from here and drd at this price is a great bargain.

[Wizard]

There is nothing to suggest to me that it will run soon. Goldies 'love' inflation and oil is coming down. Only financials run under those conditions, be it only temporarily. The chart tells me that a bottoming formation is underway(since 12May), but can also be viewed as lower prices to come...I say I'm going to wait make few bucks elsewhere and will have a look during 'Gold season'(September onwards)whether there isn't a bargain here.Picture this... R3 here is an option...R2.5 also... in October.

[Running_bull]

I cant see financials holding their gains in the weeks to come. People seem to be looking for financials recovery(which will come)but just think they are looking for something that isnt there (yet). Maybe its just to volatile for me!

[Wizard]

they won't...

[wildcat]

Hey is that a descending triangle or a falling wedge in the chart??? Can't work out if we're going up or down from here?

[muc]

A decending triangle and its going up.

[divz]

Agree..with Wizard still a long way down before she hits bottom.

[Wizard]

The beauty of this share is that when it really moves it moves like a warrant without the time decay...If u catch it at the low it normally doubles in price. It normally makes good runs to the 200 EMA and that's good enough already for nice profit