Barrick Gold bounced almost perfectly off of the rising support line of the monthly ascending triangle. Price is approaching the horizontal resistance, and a pull back to support is likely here. A close with breakout on volume above the resistance line would be an extremely bullish signal.
Comment:
The range of resistance is roughly $22.50 - $23.50
Trade active:
Tight stop loss above
Trade closed manually:
Stop loss reached this is a possible monthly ascending triangle breakout and i am getting out of the way
