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TECHNICAL ANALYSIS. Gold stock to rise?
Byline: Garth Mackenzie
TECHNICAL ANALYSIS Gold stock to rise? Gold shares have been among the weakest performers on the JSE over the past few months. The JSE gold mining index has dropped by 25% since December 2011. This sharp drop has now taken the index into deeply oversold territory. It has also fallen to a strong level of support at 2380. This is a support level that joins all the low …
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