Am generally cautious on the mining stocks but gold chart looks good and Randgold has broken resistance at the 3rd attempt.Macd has given buy signal,mvg ave alignment very bullish.There was a bearish engulf on the daily chart yesterday so it might be sensible to wait for a positive signal on the daily,else have a close stop (below the breakout level)
Pairs trade buy RRS sell BLT ?
added Wednesday : price action was negative again yesterday following the bearish engulf,adding a degree of caution to the bullish view.Wait for daily chart to redeem itself as there may be a false break pattern
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