Anglogold Ashanti

ANGLOGOLD ASHANTI PLCJSE

Description

⋅ Aug 31, 2021 8:50 AM

- Medium Term: Must hold ~R230 or risks move to ~R209
- ONLY bullish if it can reclaim R267. This will negate the large head and shoulder topping structure.
- A closer, zoomed-in look sees a possible short term bear flag developing.

Comments

Thinus5422

⋅ Aug 31, 2021 10:28 AM

As always appreciate the chart and analysis.

unclecool787

⋅ Aug 31, 2021 9:18 AM

I vote bear flag. not much holding it up between here and R157/R160