DRD Gold Analysis
DRD Gold support at R15 seems to be a major one as the share price refuses to go below this price point which has already been tested twice and quite reluctant to test it for a third.
The downtrend resistance previously sketched has been broken comfortably and we can now assume we are in a horizontal trend. Considering the recent share price movement, the current price seems a good buy as we can anticipate a rebound possibly to the +-R18 price point.
The downtrend resistance previously sketched has been broken comfortably and we can now assume we are in a horizontal trend. Considering the recent share price movement, the current price seems a good buy as we can anticipate a rebound possibly to the +-R18 price point.
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.