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a1mtarabichi

DBL bottom on Barrick GOLD coupled with volume accumulation

Short
Barrick Gold Corporation (NYSE:GOLD)  
a1mtarabichi  
NYSE:GOLD   Barrick Gold Corporation
Trend Analysis Double Top or Bottom Beyond Technical Analysis XAUUSD barrickgold Double Bottom xauusdshort xauusdbuy xauusdlong xauusdupdates GLD GLD_USD
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trendanalysis doubletoporbottom beyondta xauusd barrickgold doublebottom xauusdshort xauusdbuy xauusdlong xauusdupdates gld gld_usd
This chart looks poised for an immediate parabolic surge; with DOW hitting session highs for the quarter (and breaking its ATH for the 6th or 7th time since last summer) my crystall ball reveals an impending sell-off; followed by a retracement & right now with what's going on in the amount of #crypto dumped we're looking at a retracement on BTCUSD (for those unfamiliar -- BTC & GLD seem to parallell each other inthat they are the goto assets for panicked investors during market uncertainty -- of which there has been nothing but lately) with EMA/50 day MACD/bollinger's all indicating a parabolic surge is due on this chart soon.


ALWAYS set your stop-losses first! So with that being said:

STOP @ $17.18


TP1 (SHORT 24-48 HRS): $18.18
TP2 (MID-- 72 hours): $18.75
TP2 (LONG) 09/20: $19.48

These timeframes are SHORTENED as this is EMA (closer to day trading) though not exactly.

With that being said; trade safely!

DISCLAIMER:
NOT FINANCIAL ADVISE!

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