Gold tar­get­ing higher tar­get

And Dis­cov­ery promis­ing fu­ture up­side

Finweek English Edition - - COMPANIES & MARKETS -

TWO IN­TER­EST­ING – al­beit un­re­lated – charts are shown. The first is the gold price (in US dol­lars), which has been ramp­ing up again to new all-time highs.

We show a short-term tar­get for it. We also show a chart of Dis­cov­ery Hold­ings, which has given a new break­out to the up­side.

Both charts are over­bought over the short term but nev­er­the­less point­ing to more up­side to come de­spite any in­ter­ven­ing pull­back.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.