GFI - Descending triangleGFI is showing signs of support above R165. Should it close above R172.50 the long idea is triggered however should it close below R165 the short idea is triggered. Target for the long is R185 while the short is R150. by JonathanOtero7fUpdated 1
JSE:GFI Gold Fields Time to Look at Gold Stocks AgainAfter a significant pullback in gold stocks, there are some good signs of strength with Gold Fields one of the strongest and above its yearly pivot point. On the pullback, buyers stepped in below R150 of GFI. Price has pushed out of the trading range formed after the pullback with some significant bars. Other gold stocks are showing similar signs. With these signs, it is now a good time to look for good entry levels on a pullback to the accumulation trading range on a number of stocks. For Gold Fields, this is also the yearly pivot point. Longby SteynTrade3
GFI - Resistance at R150We had a nice move in the gold price on Friday after the NFP numbers however, GFI could not hold above R150. That is the level to close above now. Alert for a close above to trigger the long idea. Longby JonathanOtero7fUpdated 2
Buy $GFI - NRPicks 30 AbrGold Fields Limited is a company that operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Australia and Peru. The company also explores copper deposits and has interests in 9 operating mines with annual gold equivalent production of approximately 2.24 million ounces. GFI is a company that performed well in 2020 despite the pandemic and benefited from movements in the price of gold. Since March the price of its share has been located within an interesting channel, which could represent an opportunity, considering the next market rotations. 2020 - Revenue $ 3.8B - Net Income $ 723M - EBITDA $ 1.9B - CASH $ 886M - P / S 2.20 - P / B 2.27 - P / E 11.72 - LTDEBT / EQUITY 0.49Longby NewroadTraderUpdated 111
$GFI 30 years of Fibonacci Due to its chart history $GFI is a great stock to analyze using fibonacci extensions. These fibonacci extension levels have been price peaks going back 30 years. The current chart resembles the 1999 double bottom and move to the 2.618 extension, what I don't know is whether the 2.168 will be broken on the next rally or if significant consolidation needs to occur.Longby ETrades10
GFI Upward MomentumJSE:GFI is showing some upward momentum and we could see an upward move if it breaks higher than this morning 's opening. The stochastic and MACD are both confirming this move with their upward turns and the 3 and 15 EMA's have recently crossed upwards at quite a strong support level.Longby RossLarter113
GFI - H&S neckline brokenThe H&S neckline has been broken. There is some support around R117. Once that fails, there might be some fireworks.Shortby Herenya2
GFI - good results, bad reactionIf a set of fantastic results can't get GFI moving up... then this H&S pattern is looking pretty darn good to me.Shortby Herenya0
GFI - 1D - OVERSOLDAll the same reasons i gave for my previously published idea on Anglo Gold Ashanti.Longby AWPEARCE11
GoldfieldsTechnically looking weak; bear flag developing on the daily chart. A lot will depend on the gold price trajectory. by Innocentmaponde1
Goldfields looks good above R160Gold fields looking good above R160. Hopefully break the gold price will break higher soonLongby VillageTraderZA1
Red or Blue Path, Gold Stocks Should Do Well SoonGive it a few months, gold will lead gold stocks...by coolingla0
H&SWe might see a major downfall on GFI if we can get rejected at the shoulder levelShortby Mars_African_Empire3
$JSEGFI is about to breakout from the block$JSEGFI is about to breakout from the blockLongby UnknownUnicorn14168362
Possible reversal on GoldfieldsJSE:GFI has bounced off of a support level and looks like a upward move is a possibility. The stochastic and MACD are confirming this momentum. If the price moves up above the 15000 level I will consider a long position. Beware that it might find some resistance on the 200SMA, so if it breaks through that, it further confirms the move.Longby RossLarter224
Go for Gold(fields)!Just a follow up on my 12 November GoldFields call. Click to see that call: So we ended up testing that R127 support level and for now, it held up quite nicely. Seems like the Gold Price is somewhat oversold and the US Dollar Index ( ICEUS:DXY ) is still dropping like a rock. With today's break and close above the ultra-short-term 8-day Moving Average (EMA), I'm getting a lot more excited, with the next resistance level at R153 looking quite reachable. Should we see a break and close above that level, could place us back into the falling wedge, with R173 then becoming my next target. R205 still remain my short-term target on GFI. If you follow a stop-loss strategy, I would recommend looking at R123.50.Longby SchalkLouw2
GFI LongBuy at support line Entry 8.8 Stop 6.8 Target 14.5 I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.Longby PlanTradePlanMMUpdated 2
small bet on gold minersSequential 13 and Combo 13 on $GFI yesterday. I'm adding for the anti-dollar bet.Longby kidze1