Barrick Gold #ABX long term demand imbalancesBarrick Gold #ABX long scenarios at new monthly demand zones. Potential new demand zones being created off tested monthly demand zone around 14.00 which played out nicely. Long term buy setup at monthly demand around 8.00, very low at all time lows. Monthly demand level has a very strong bullish impulse. Shorts if upper monthly demand level is taken out
Barrickgold
BARRICK GOLD IS SETTING THE NEXT LEG HIGHER UPNice setup, big picture we are forming a big triangular trend continuation structure.
Shortterm looking for the gap close.
Notice the high volume breakout of the red wedge, and now the blue flag is a strong buy setup.
Blessings to you.
Barrick Gold #ABX long term buy at monthly demand at 8Buy Barrick Gold -1.98% at monthly demand around 8.20. Upper monthly demand zone has been tested, expecting bigger penetration and/or removal. Shorts until monthly demand is reached.
ABX: Barrick Gold Corp: Not yet fizzled out!It had been an unstable year for miners, with metal prices starting near multi-year lows as executives drew from a common playbook. However, the stock is not yet fizzled out. A trade setup has been marked well on the chart.
