BARRICK GOLD - With Everything Selling whats Bullish?
Today we take a look at Barrick GOLD #GOLD
Within our private community we have been recommending BARRICK GOLD as a Long term buy
Barrick GOLD is a mining company
Technically we LOVE what we are seeing... Where do we start
For starters we can clearly see a Bullish Head and Shoulders on the larger time Frame.
To double the BULLISH sentiment Barrick GOlD offered us a BULLISH BULL FLAG right at the base of the Neck Line of the Bullish H&S
Again... We have been POUNDING THE TABLE BUY on Barrick Gold at $20 and we continue to Scale into Barrick
We also have amazing Volume data with each Pull down to suggest the Bears or sellers have dried up.
Minimum Target on Barrick GOLD is back to $55 but we do see it make New All Time Highs (ATH)
However from $20 we see a easy 250-350% move over the months/years to come. We love this Stock!
Within our private community we have been recommending BARRICK GOLD as a Long term buy
Barrick GOLD is a mining company
Technically we LOVE what we are seeing... Where do we start
For starters we can clearly see a Bullish Head and Shoulders on the larger time Frame.
To double the BULLISH sentiment Barrick GOlD offered us a BULLISH BULL FLAG right at the base of the Neck Line of the Bullish H&S
Again... We have been POUNDING THE TABLE BUY on Barrick Gold at $20 and we continue to Scale into Barrick
We also have amazing Volume data with each Pull down to suggest the Bears or sellers have dried up.
Minimum Target on Barrick GOLD is back to $55 but we do see it make New All Time Highs (ATH)
However from $20 we see a easy 250-350% move over the months/years to come. We love this Stock!
Comment:
Looking to DCA (Dollar Cost Average) into GOLD. Will be adding size all the way down into the low 20s high teens (if we get there) on this pulldown before the next push upwards.
Comment:
Still pumping. did some profits off the table
Trade closed manually:
We closed our Barrick GOLD back at $25. You can see the commentary on our facebook page and groups. We will be looking to get back into Barrick Gold in the futrue
Comment:
Posted a new idea with a bearish outlook
