An extract from this morning's research.
Wednesday 11-October-2023, 06h30 JSE Gold Miners. In the short term, the rally has been sharp. The SHORT TERM readings from the Tactical Trading Guide for Goldfields (GFI) and Harmony Gold (HAR) states the following: "General Trend Up However, Look For Failure To Hold Prior Session/Range Highs To Initiate 1-2 Day Short Setup".
For further context, these are the JSE Gold Miners on an equally weighted basis, highlighting the ratings on multiple time frame. Note the 4H time frame (top left corner) highlighting the ultra short term overbought conditions.
For more research insights, including trading ideas, get in touch today.
Wednesday 11-October-2023, 06h30 JSE Gold Miners. In the short term, the rally has been sharp. The SHORT TERM readings from the Tactical Trading Guide for Goldfields (GFI) and Harmony Gold (HAR) states the following: "General Trend Up However, Look For Failure To Hold Prior Session/Range Highs To Initiate 1-2 Day Short Setup".
For further context, these are the JSE Gold Miners on an equally weighted basis, highlighting the ratings on multiple time frame. Note the 4H time frame (top left corner) highlighting the ultra short term overbought conditions.
For more research insights, including trading ideas, get in touch today.