9MA crossing down the 20MA. Now trading under the 50MA. Short/medium term bearish with trend resistance overhead now. Sitting on support level now which looks likely to fail.
WAF just completed the Elliot ABC correction wave with SP bouncing off the 100MA dynamic support level. Note; the uptrend is tracking the 100MA.
WAF soon to be reporting double last quarters production figures as the West African company has commenced commercial production in the high grade M1 South deposit. DYOR
Looks like a sharp move is coming to the gold market soon. Bollinger Bands tightening. Needs MACD to push higher at this stage but stochastics looking good at near a cycle low.
