JSE Gold Stocks at Decision Point
The price of gold has been in consolidation and looking weak. It is now testing the yearly pivot point. The JSE stocks have been reflecting this weakness with Harmony showing the most weakness. If the gold price breaks the yearly pivot point we could see quite a bit more downside. But it is holding and a break to the upside could mean an extension of the consolidation area. Watching for price action in the week ahead.
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