RANDGOLD

Questor share tip: Randgold Resources shares will shine
Randgold Resources production profile means its is a buy even if gold price fall, says Questor

www.telegraph.co.uk/finance/markets/ques...ares-will-shine.html

Hi Remo,

There was another thread on this, but couldnt find it...

Now its gone below 5780p I think you mentioned 61.8fib level, whats your view on this.

ta
G

my last view was "risky scalp" at fib 61.8...it was indeed risky, but it did bounce before it then fell back (sort of expected) and for now (from memory) 53.50-54 was a number that used to be pivotal and after any backtest will probably head there...my view for gold at the minute is sell the bounce

last view



tonights view

This is one of the charts I have put up in the interesting chart section.
I'm expecting this to go lower towards the 45 area . Full 100% retrace???

Did anyone managed to go long on this? Perfect Hammer? and I guess this was the reversal point last time... around 5330p.....

dl.dropbox.com/u/48916784/RRS-21.02.2013.jpg

This is in a trading range of 300 points.
If it breaks out ether way then worth a long or short depending on direction of breakout.
One to keep an eye on.
This is a very volatile share so bear that in mind
Long above 5630
short below 5331
I always place my entry or stops 5 pips below or above the stated levels