Kinross Gold break of channel
Kinross yesterday broke out of a long downward channel to the upside with good volume.
We will look to see a retest next week and should this hold and bounce we can expect Kinross to start a new upward trend.
We need to see Kinross push higher from here and not fall back within the channel for this new trend to begin - may be subject to the gold price so look to the price of gold for clues
We will look to see a retest next week and should this hold and bounce we can expect Kinross to start a new upward trend.
We need to see Kinross push higher from here and not fall back within the channel for this new trend to begin - may be subject to the gold price so look to the price of gold for clues
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