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$JSEGFI - Gold Fields: Do Not Chase It

JSE:GFI   GOLD FIELDS LTD
I last covered Gold Fields on 09/11/2022 and the share price has unfolded in textbook fashion, as forecasted.
Seeing that the stock is currently in wave (v), it is not advisable to chase it.
Commodity stocks are notorious for strong pullbacks and after the completion of five waves up, we expect a retracement in three waves.
This is the time to sit on your hands and let the market come to you.

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