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Risk off market indicator. Flat top triangle break. Target 18250.
Flat top triangle in the making. Break in 17550 level could open the way for a 18250 target.
Good accumulation zone - bull flag still on track
Hourly close above lateral resistance has confirmed my bullish daily view.
First target = Gap at R171.11. SL = R166
Newgold is very closely correlated to the USDZAR chart