RossLarter

Gap to close on ANG

Short
RossLarter Updated   
JSE:ANG   ANGLOGOLD ASHANTI PLC
ANG has formed a bearish harami which is a strong reversal signal. This could signify a change of direction to a downward move. There is also a gap to close that formed on the 20th of Feb.

Gaps tend to act as magnets for the price and like to be closed. I have entered a short position and will look to close either once the gap has been closed or further down at 18000. The 18000 level is quite a significant support level, so I wouldn't be surprised if it went down to that level.
Trade active:
Gap has closed and it has retraced upwards a bit. If it continues up tomorrow, I will close this trade
Trade active:
Looking promising to reach our target level

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