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Hmy stock price forecast suggests Harmony Gold Mining may see
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HMY stock price forecast suggests Harmony Gold Mining may see moderate upside if gold spot prices stay above $2,250/oz. Technical charts show a resistance near $5.20 and support at $4.65, with RSI hovering around 55 indicating neutral momentum. Harmony Gold : The company is based in Randfontein, South Africa. The company conducts underground and surface gold mining. It is also engaged in related activities such as exploration, processing, smelting and refining. Harmony Gold has nine underground operations located in the Witwatersrand Basin. Investors and analysts like the notion of Alani Nu being a female-focused energy drink and functional beverage brand with traction with millennial and Gen Z consumers. This should complement Celsiusâ flagship offering, which is already popular with female customers in a category where marketing by brands like Monster (MNST) and Red Bull is often perceived to be geared towards male consumers. Sentiment gauges linked to HMY stock price forecast reveal a moderate bullish skew. Social media mentions of Harmony Gold surged 14% week-on-week, often preceding increased trading volume.