DRD GOLD LTD

DRD Gold Analysis

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DRD Gold support at R15 seems to be a major one as the share price refuses to go below this price point which has already been tested twice and quite reluctant to test it for a third.
The downtrend resistance previously sketched has been broken comfortably and we can now assume we are in a horizontal trend. Considering the recent share price movement, the current price seems a good buy as we can anticipate a rebound possibly to the +-R18 price point.

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