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MarketIntel
Jul 5, 2022 2:10 PM

Barrick Gold: Keep It Up, Bears! 🐻 Short

Barrick Gold CorporationNYSE

Description

Down it goes! Just as we expected, the bears are in high gear and have proceeded to carry Barrick downwards. Soon, they should reach the support at $13.01 and lead the price below this mark. However, there still remains a 35% chance that Barrick could escape the bears’ paws and rise above the resistance at $24.95, thus activating further ascent above the next ones at $29.59 and $31.22.
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