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GFI

Gold keep breaking high..gold miner shares follows!Gold markets broke higher during the trading session on Tuesday, clearing the $1325 level, sending the market towards the $1350 level. At this point, there is a lot of noise extending to the $1350 level, so although this is a very bullish looking candle, I would not be surprised to see some type of pullback in this marketplace but now the $1325 level should be supportive. After all, it was resistance previously, so it makes sense that it should have a bit of market memory attached to it.
NYSE:GFILong
by ShukriMahadi
1
GFI: Bought at market open - Huge potential, great fundamentals$GFI is an optimal pick when it comes to gold miners. The valuation is very good, and growth exhibited by the company this year exciting. The situation in South Africa has scared investors away, but I believe it will be a very interesting trend going forward. At the same time, this play serves as a risk off bet, which is welcome in the current enviroment. We are long with a 10% position from 14.09 as of today's open. Best of luck if joining me on this trade. The monthly trend is potentially up, and there is a chance to confirm a rally to considerable heights by the end of the month. Cheers, Ivan Labrie.
NYSE:GFILong
by IvanLabrie
8