GFI LongGFI Long term trade ( LTT ) of C&H Pattern completion level R300 that is still R40 to go as seen on weekly chart trade performing as expected before a correction is due.Longby surecanweight222
The Return of the Golden-EraVery interesting level on Gold Fields ( GFI ). Not only is it trading close to its all-time high levels, made back in 2006 (yes, exactly 14 years ago), but a break and close above the Ascending Triangle (R159.50) could very much put GFI in uncharted territory. A profit target can be estimated based on the height of the triangle added or subtracted from the breakout price. The thickest part of the triangle is used. This means that should GFI break above the triangle, it could very much target R230. If I was a short-term trader, my stop-loss would be at the 50-day Exponential Moving Average at R136.63, which also coincides with the bottom of the triangle.Longby SchalkLouwUpdated 6620
The Return of the Golden-EraVery interesting level on Gold Fields (GFI). Not only is it trading close to its all-time high levels, made back in 2006 (yes, exactly 14 years ago), but a break and close above the Ascending Triangle (R159.50) could very much put GFI in uncharted territory. A profit target can be estimated based on the height of the triangle added or subtracted from the breakout price. The thickest part of the triangle is used. This means that should GFI break above the triangle, it could very much target R230. If I was a short-term trader, my stop-loss would be at the 50-day Exponential Moving Average at R136.63, which also coincides with the bottom of the triangle.Longby SchalkLouwUpdated 7
Pair Idea: Long GFI/ Short HAR Pair: Long GFI/ Short HAR Currently trading on Support Level (S3) and 200-SMA - short term indicators looking oversold. Current level 2.00 as per the relative/ratio chart. Stop: 1.93 Traget: 2.18-2.22by LD_Perspectives7
positive exploration updateI think there will be a dip around 9.14 and then reach higher!! I post trading ideas through the week follow me for more.Longby arkeyrml2
Long GFI Taking a look at GFI, we can see a few indications that the price will move up higher. 1. Inverse Head and Shoulder formation - if you take a look on the daily chart there was an inverse H&S that formed in Mid Feb to Mid Apr, the formation played out and the price broke upward. There is currently an inverse H&S in play as it just broke through the neckline on 19/6/2020 2. Volume looks to be twice the average daily volume 3. MACD indicator has turned 4. The 10MA is just above the 20MA which indicates short term bullish momentum if it stays above the 20MA I will go long on this on Monday 22/06/2020 as close to R140.00 as possible my exit would be below the neckline as that may indicate a failed Inverse H&S Risk would be about 5% Reward - first target would be a target of 11.5% with an upper target of 21% 17553 seems to be the highest high since 2003 and I do not think the price will cross this resistance level easilyLongby nicwal25Updated 6
JSE:GFI Gold Fields Gold on the move.Just like Anglo Gold Gold Fields has seen an increase in volume and is pushing off resistance become support continuing the markup that had started. Longby SteynTrade6
Weekly game plan 21 June 2020 - GFINice break of a bull plag here. Offering a nice 1:2 risk-reward.Longby Herenya116
Long GFI Taking long position in GFI, giving the fact the market is not acting well, and there is high probability we trend to the downside. Taking long position in a precious metal would protect you from downside. Recently, most gold miners companies have done well and trend to the upside. Therefore, I expect this one to continue trending to the upside. Longby SwingTtrader8
GFI LongGFI on same Trend as GLD stock set to make some gains in the next comming week wait for break of LTRLongby surecanweight7
JSE:GFI Gold Fields Pushing HigherGold is very strong. After a week pullback, we are now seeing price breaking higher. Longby SteynTrade9
GOLDFIELDS - Long in upward channelJSE:GFI has been in an upward trend since mid-March and seems to have bounced off the bottom of the upward channel. We could possibly see an upward move towards the top of the channel.Longby RossLarter9
JSE:GFI Gold Fields MarkupFollowing the trend in all gold stocks, Gold Fields has had a week pullback attempt and is now ready for the markup to continue of the oversold line. Longby SteynTrade4
JSE:GFI Gold Fields MarkupLarge investors have been buying Gold Stocks since 2016. We can see the progression of this accumulation in the Gold Fields charts (see posts below). With the recent fire sale which even affected gold stocks, they were buying even more. Gold was being sold to raise cash but if we look at the volume others were buying. Now volume has decreased but we see ease of movement to the upside. This is because investors are have bought up the available stock and there is little available pushing up the price. The markup is now in full swing. Longby SteynTrade7
JSE:GFI Gold Fields Gold Stocks StrengthJust like the other gold stocks Gold Fields is sowing a lot of strength and is looking to break out of the trading range after a key reversal bar today.Longby SteynTrade7