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Long

BULLISH CHARTS / INDICATORS - UPTREND, NEW CEO - STRONG BUY!

NYSE:GOLD   BARRICK GOLD CORPORATION
BARRICK GOLD CORPORATION pulled back like we said in our initial post under ABX .

NOW...

Daily and Weekly Charts are BULLISH

On the weekly...

On Balance is trending up - BULLISH

Accum/Dist Trending Up - BULLISH

PPO Trending Up - BULLISH

Stochastic is starting to turn up - BULLISH

RSI is just under the center line getting ready to move above - BULLISH

MACD is turning up - BULLISH

GOLD today is now trading above $1,300 an ounce with our target between $1375 and $1500 an ounce moving forward. (3 to 12 months)

BARRICK should start to release positive news as they did today with the new CEO taking control of the company. (See news release today)

BUY at these low levels because we see BARRICK making new 52-WEEK highs soon!

WATCH FOR THE STOCK TO CLOSE ABOVE $13.00, IT SHOULD THEN MOVE HIGHER AND MAKE A NEW 52-WEEK HIGH

Trade closed: target reached: OUT

EARRINGS WERE BLEAK

WE NEVER DID WELL WITH CANADIAN CO. / STOCKS

PROFIT: $60,000
Trade closed manually: OUT

EARRINGS WERE BLEAK

WE NEVER DID WELL WITH CANADIAN CO. / STOCKS

PROFIT: $60,000
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