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runyamhere
Dec 8, 2022 5:42 PM

Goldfields (GFI) - Looking to Resume Uptrend Long

GOLD FIELDS LTDJSE

Description

In previous trade idea, we looked at GFI forming an important breakout point. Area around R190 was strong resistance. Now price is consolidating in a symmetrical triangle. The expectation is for price to break to the upside taking out resistance. However beware of a fake move to the downside of the triangle before powering higher.
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