Harmony Gold Mining Daily (12.09.2014) Tech Analysis
The Harmony Gold Mining (HMY) Daily Diagram Technical Analysis Training shows the following:
The (HMY) share reacted yesterday making a bullish engulfing that we expect a confirmation today. Yesterday, at the end, almost all Gold Mining Shares turn upside. RSI is oversold. MACD is bearish.
The share is under the KUMO, the Kijun Sen and Tenkan Sen too (bearish). In addition it is under EMA 200.
As you can see on the diagram HMY until today had found strong support at this level.
All are bearish but be cautious about the share and the XAUUSD for a reversal.
The (HMY) share reacted yesterday making a bullish engulfing that we expect a confirmation today. Yesterday, at the end, almost all Gold Mining Shares turn upside. RSI is oversold. MACD is bearish.
The share is under the KUMO, the Kijun Sen and Tenkan Sen too (bearish). In addition it is under EMA 200.
As you can see on the diagram HMY until today had found strong support at this level.
All are bearish but be cautious about the share and the XAUUSD for a reversal.
