Gold Fields Limited American Depositary Shares (GFI) Social Stream

Gold Fields Limited American Depositary Shares (GFI)

Today's Latest Price: $7.76 USD

0.28 (3.74%)

Updated May 29 9:38am

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Ranked of 29 in Miners - Gold

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Chris Vermeulen - Technical Traders Ltd. - Tue May 12, 3:56PM CDT

If our research is correct, we will see an upside price move in Silver to levels above $21 to $23 over the next three to five+ weeks.

At the same time, Gold will likely rally to levels near $1999~$2100.

This simultaneous price rally in both Gold and Silver should prompt the Gold:Silver ratio to stay rather elevated.

But the next move in Silver, above $25~$30, should push the Gold:Silver Ratio below 100 from current high levels which would collapse the RSI level showing us the longer-term price rally in Gold and Silver has confirmed.
Sunglasses11, published May 28, 2020

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