GOLDFIELDS - Blue SkiesThe stock has broken resistance at R277 and has now opened the gate to target R300 => swing high.
Bulls will want to defend any pullbacks that may come to test the breakout level.
MACD positive crossover.
2.33%
0.75USD
711MUSD
4.287BUSD
893.53M
About Gold Fields Limited
Sector
Industry
CEO
Martin Preece
Website
Headquarters
Johannesburg
Employees (FY)
6.364K
Founded
1968
ISIN
US38059T1060
Gold Fields Ltd. is a gold mining company, which engages in the production of gold and operation of mines. Its operating mines are located in Australia, Ghana, Peru, and South Africa. The company was founded on May 03, 1968 and is headquartered in Johannesburg, South Africa.
Our opinion on the current state of GFIGold Fields (GFI) is a relatively high-cost international gold mining house with a single mine in South Africa - South Deep. South Deep was bought by Gold Fields in 2006 and it has struggled to make the mine profitable, pouring in a total of R32bn (R22bn purchase price plus R10bn in development cost
GOLDFIELDS - 💛 Area of InterestGold has been experiencing a strong rally on the back of global fears.
The stock has rebounded back to a range of interest, R262-277
RSi is stretched here into overbought but it can remain there for a while so I'll be watching the daily price action to see if there are any signs of weakness.
If
Inverted Cup & Handle Signals Downtrend for GoldfieldInverted Cup & Handle Signals Downtrend for Goldfield
1. Price Formation: The price has broken out from an inverted Cup &Handle price formation on a daily chart. Bearish sentiment.
2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. (7<21<200)
3. 200-day Moving Average is below
Goldfields Rejection at 2OO Moving AverageGoldfields is in a time to have a daily high, we see here price being rejected at the 200 day moving average, we can expect a move downwards and lower than R213.76. Of interest is the area where 2 trendlines intersect, the retracement from there can be expected to be weaker with possibility of meeti
GFI, Main GOLD-Gem, Essential POTENTIAL, Important Indications!Hello There!
Welcome to my new analysis of the potential high-accelerator gold-gem GFI, I recently spotted and analyzed. With GFI it has to be mentioned that GFI is a stock in the market that can unfold its appropriate potential when the current ongoing gold-backed currency system implementation i
GFI: some upside potential?A price action above 23500 supports a bullish trend direction.
Further bullish confirmation for a break above 24900.
Remains above its 200-day simple moving average.
The target price is set at 26500.
The stop-loss price is set at 22400.
Might aim for its 38.2% Fibonacci retracement level.
GFI CallBuy GFI Sep-15-23 $13 Strike Calls @ $0.85 Limit to Open
Price is at a really important support, oscillators oversold, good upside margin for Sept expiration.
Gold fields not that glistening right nowInv Cup and Handle pattern has formed on the daily.
We've had the price break below the Brim level but only barely. As a conservative trader, we'll need a stronger break down before there are any fireworks. So I'll be watching this one carefully.
Other indicators show upside to come.
21>7 (Bear
$JSEGFI - Gold Fields: Five Waves Down, Relief Rally ImminentGold Fields had a stellar run from September 2022 rallying from 12662 to a new all-time high of 32652 in May 2023.
This advance unfolded as a five wave impulse with wave ((v)) being extended which is common in commodities and commodity stocks.
As expected after a five wave rally, a correction has b
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Curated watchlists where GFI is featured.
