Stock_Holiday86

Ascending Triangle

Long
Stock_Holiday86 Updated   
NYSE:GOLD   Barrick Gold Corporation
13-14 range looks like a good place to accumulate Barrick Gold shares and go long. Ascending triangle spotted on the 1 month chart. Expecting to see inflation spike in the years to come, and barrack gold will benefit.
Comment:
Nice Gap down this morning pre market into the buy zone.
Comment:
The price gapped down so quickly that the bottom support line is actually at about $12.80. That being said, I am scaling in buy orders between $12.80 - $13.50
Comment:
A close Under $11 would be a bearish signal for this pattern.
Comment:
Approaching the upper horizontal resistance line. Very interesting.
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