VillageTraderZA

DRD still looks good despite false break. if gold can run

Long
JSE:DRD   DRD GOLD LTD
DRD seem to have found some support around 1450c. I got triggered on that false break 3 weeks ago. Under water on the trade at the minute. My stop is below the 1450c support., Haven’t been stopped yet. If gold rallies DRD should rally with it. And if its breaks and closes on the other side 1800c and the 200d EMA .. My target for DRD at the moment is 2950c. Stock currently trading below its 200d EMA .

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