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GLN closed at R121.50, still sitting under R125 which is the real resistance. Zinc and copper are holding u…by @tsquared_jse on $GLN

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tsquared@tsquared_jse·Bearish

GLN closed at R121.50, still sitting under R125 which is the real resistance. Zinc and copper are holding up better than people expected, and the cobalt exposure is starting to look decent if China doesn't tank harder. If they can keep the dividend and not get hammered by another commodity crash, this is actually not a bad long position from here.

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