After a pullback to breakout levels volume has increased at resistance become support. Together with negative divergence on the volume RSI this points to a healthy continuation in Gold stocks.
thanx; what do you think is a reasonable exit price at current entry point ?
SteynTrade
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@nexuscoach, We are in new territory making new highs. So the first target will be the previous highs at around R520. Then watch if for the break. If it can break this we can potentially look for R600 before a pause. So I will be looking for a buying climax (BC) (high volume rejection) before getting out.