DRD Gold analysis
DRD seems to have survived the sub R15 price range, showing a decent spike increase in share price. Unfortunately it wasn’t enough to take them above the downtrend and overall still on a negative trajectory. As it is resting on the downtrend line we will wait to see if it manages to break through (comfortably) signaling a change in trend or like many time before, rebound and continue a downward spiral towards the R15 support line. The coming week will be very interesting in the JSE.
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