Nice bounce off the 200 weekly EMA for Goldfields (GFI:JSE) as gold price has seen a nice reversal midday. If the 200wema at R130 fails, we could be headed to R110-R115 which has some strong strong horizontal support. the anchored vwap from the sep18 lows also come in just under which should provide another level of support/
Comment:
Lovely bounce here off the levels identified as possible support
Comment:
Massive move here, at least 50% off the level identified as support on the 200w ema
"If you do what you love, you'll never work a day in your life" - Marc Anthony