Peet_Serfontein

GFI: another leg up?

Long
JSE:GFI   GOLD FIELDS LTD
A price action above 18000 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
Further bullish trend confirmation above 18800.
Price consolidation between 18400 to 19300. Crossing above the 19300 resistance will support the price action to target 20600.
Crossing below 18400 will be the first sign of pending weakness.
Remains above its 200-day simple moving average - supporting a bullish trend.


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