Mashithembe

DRD signals

Long
JSE:DRD   DRD GOLD LTD
When comparing with the Gold price , both US$ and SA Rand the contraction on DRD Looks overcooked and therefore a small run on Gold price do bring some gearing . The company is low risk production , Surface sources making the corvid risk less prevailing on the operations , Dividends is solid and therefore a long on gold is good . Should the gold price dip below 1850. I will take profit....despite being long on Gold .Volatility is good
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.