Gold Fields' 15-minute chart triggers Bollinger Bands expansion, bullish signal

Gold Fields' 15-minute chart has triggered the expansion of upward Bollinger Bands, accompanied by a bullish Marubozu candle at 08/18/2025 15:45. This suggests that the market trend is being driven by strong buying pressure, with buyers firmly in control of the market. As a result, it is likely that the bullish momentum will continue.

Gold Fields' 15-minute chart has recently shown a significant upward trend, with Bollinger Bands expanding and a bullish Marubozu candle appearing on August 18, 2025, at 15:45. This technical indicator suggests strong buying pressure, with buyers exerting control over the market. As a result, it is likely that bullish momentum will continue.

The Bollinger Bands expanding upward indicates increasing volatility in the stock price, often signaling a period of strong price movements. The bullish Marubozu candle, characterized by a long body with no shadows above or below, further underscores the strength of the buying pressure. This pattern typically signals a continuation of the current uptrend, suggesting that the stock price is likely to move higher in the near future.

Gold Fields has been making strategic moves to enhance its market positioning. The company's recent acquisitions, such as Osisko Mining and Gold Road Resources, aim to drive down costs and extend the average asset life, delivering predictable performance and maintaining a stable production size of 2-3 million ounces annually. The company's half-year profit is expected to rise by as much as 236%, driven by higher gold production and record high bullion prices [1].

Gold Fields' gold production rose 24% in the first half to 1.136 million ounces, from 918,000 ounces previously. The production ramp-up at the Salaries Norte mine in Chile, which was impacted by a harsh winter last year, has been smoother this year, resulting in a 46% jump in output from the new mine. The company expects to produce between 2.25 and 2.45 million ounces of gold during the full year.

Wheaton Precious Metals Corp (NYSE:WPM) also reported record quarterly financial results, with revenue soaring 68% year-over-year to $503 million, driven by higher metal prices and increased production volumes [2]. The company's net earnings reached $292 million, representing a 139% increase compared to Q2 2024. Adjusted net earnings reached $286 million, up 91% year-over-year, while operating cash flow grew 77% to $415 million. The company declared a quarterly dividend of $0.165 per common share, marking a 6.5% increase compared to the third quarterly dividend of 2024.

The impressive financial results were largely attributable to substantial increases in realized metal prices, with gold averaging $3,318 per ounce (up 41% year-over-year) and silver at $34.05 per ounce (up 17%). These price gains, combined with higher production volumes, created a powerful tailwind for Wheaton’s streaming business model.

Gold Fields and Wheaton Precious Metals are both benefiting from the current bullish precious metals market, with both companies focusing on cost management and operational efficiency to drive value and cashflow per share.

Investors should closely monitor these technical indicators and consider the broader market context when evaluating Gold Fields' stock. The company's fundamentals, including its recent financial performance and strategic initiatives, should also be taken into account to make informed investment decisions.

References:
[1] https://www.ainvest.com/news/gold-road-resources-announces-court-approved-scheme-meeting-acquisition-gold-fields-2508/
[2] https://za.investing.com/news/company-news/wheaton-precious-metals-q2-2025-slides-record-revenue-amid-gold-price-surge-93CH-3828626