JSE:GFI Gold Fields Spring
Just like the other gold stocks Gold Fields has lost a lot of value in the last couple of days. But just like some of the other gold stocks it has held above the yearly pivot point and 200 Day SMA and formed a spring of the trading range. The volume increases during markups, it is stronger than the Top 40, there is divergence with the Volume RSI and a reversal bar has formed. Looking for the further markup of Gold Fields. We could see a test of the spring but should have a strong markup.
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