Friday, June 23, 2006

Gold Fields (GFI), Harmony Gold Mining (HMY)

It might be worth to look at South African miners like HMY & GFI which seems to lead right now probably due to Rand weakness.

Technically both charts of Harmony and Gold fields are showing a couple of bullish signs: Closed above the down trend resistance and 38.2% Fibonacci level on fine volume, RSI trending up above 50 ,PPO crossover & Improving ADX.

Gold Fields (GFI)chart

Harmony Gold Mining (HMY)chart

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Sunday, June 25, 2006 10:16:00 AM  

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