DRD has broken out of a giant falling wedge. It is now in a zone that is good for accumulation. I expect price to move towards the upper line of the wedge & break-out. The macro-economic environment is increasingly favouring gold to outperform general stocks. Ideally one to trade & take profit above gain of 30%.
Note
DRD finding support at lower trend line is a good sign, it has made a weekly swing low.Trade closed: target reached
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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.