WallSt007

BTD on $GOLD $GLD $GDX $JNUG $GDXU

Long
NYSE:GOLD   Barrick Gold Corporation
We got some good news on the Stim bill today but it hasn't passed FR FR yet.

The House and Senate will vote today on a roughly $900 billion pandemic relief package, with the White House saying President Donald Trump would sign it. The deal includes help for small businesses, the jobless and direct payments to most Americans. The bill that lawmakers will vote on will be attached to a $1.4 trillion measure to fund government operations through the end of the fiscal year. As part of the compromise needed to reach agreement, Democrats allowed a provision to be inserted that would prohibit the Federal Reserve from restarting a program supporting corporate bonds and small businesses due to expire Dec. 31. (no more ink/paper for Powell? )

GOLD- i talked about this a while back, I'm overall bullish on Gold/Gold miner because stimulus passed = more inflation = good for GOLD fundamentally.(yea i know, who cares)
$22.20 has been a nice buying opportunity for this company but you could use that area as stoploss as well.

Entry $22.20 area
Target $25.20
Target 2 $28.20
Stoploss 21.20

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