Randgold Resources – More gains above 6945
The short-term moving averages – 5-DMA & 10-DMA –have topped out, which suggests the bulls need to take out the resistance at 6945 soon else a bearish crossover could yield a correction to 6500 levels.
Nevertheless, the dips could be bought into as the daily chart shows a bullish break from the falling channel.
Nevertheless, the dips could be bought into as the daily chart shows a bullish break from the falling channel.
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