UPDATE: Pan Africa hit the target at R.475 - Do we sell?

By Timonrosso
Well this analysis took forever.

The price broke above the Broadening Reverse Symmetrical Triangle (If there is such a thing) in June 2023.

If you held on this long to exit and bank a profit, you would be lucky if you even made some money considering the daily interest charges on CFDs...

However as a share and equity investor, this position would have been the perfect medium term trade.

Sometimes, when I project such large targets, I think of just going back into equities.

Regardless, the trend id still up - Gold is still bullish and out other Gold positions are all longs.

So, keep to the trend until it bends...

Uncle T out.
ALSIbuygoldChart PatternsFundamental AnalysisGoldjsePANpanafricaTrend Analysis
Timonrosso
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)

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