DRD
DRD Gold
Gold stocks have been rallying alongside the gold. Most have subsequently consolidated. DRD Gold is no exception.
We have a rectangle bullish flag on DRD. Its been consolidating for a couple of months now.
I have my resistance level of the flag at R28.68. I’m looking for a 3% break and close (above 29.55) levels. Looking for a long trade targeting R36 (Height of the triangle)
If Gold rallies again Gold stocks should rally as well