#GOLD - 1D Good +8% swing trade opportunity. - OPENING POSITION: 24.70 - STOP LOSS: 23.90 (-3.20%) - TAKE PROFIT: 26.75 (+8.74) - R/R: 2.73Longby aoberninger0
After made profit on target waiting for a drawdownBarrick GOLD run up very fast and so I could take my profit on the stock. But I not lost the interest on Gold and this stock at all, the upmove will be take longer. I hope get an cheaper entry after a little drawdown. So waiting for a new entry when MACD is down again. Maybe on 33% Retracement (see fibonacci) could be a good re-entry. Waiting on the side to get it cheap. :)Longby smoki992
My Strategy for a New Entry Point in Gold Related EquitiesAs Stated in the Video...Enjoy!!!19:56by GoldAddict224
GOLD (Inflation Hedge)As previously mentioned in my outlook of SPY , the best way to play this is ticker GOLD. Barrick recently breached the 200 day MA and is currently resting here. Today it traced back down to 200MA and went back up. There are buyers here waiting to see what happens. If you read my SPY idea, you can look back and see what happened around the end of 2018. Gold Futures went up alot but was also trading between 1200-1300 per ounce. Current Gold Futures is at 1890! I see a big huge upside for Barrick here. I hope you see it too. Longby CTRLZEEE553
New wave count for Barrick Gold...I think it's a ABC wave structure. And sometimes if the downturn is bad enough wave C can extend so the $8.36 can't be rule out. Thanks for the viewShortby BigPippinSpendingGs1
GOLD!Tough choice: buy ASAP or wait until the pull back. Either way, you'll be ok - in the long run.Longby trick1000Updated 2
Long barrick Very long term projection here. Barrick is the worlds largest mining company, with a network of Gold, Silver, Copper mines. Longby Stock_Holiday86Updated 1
Long term perspective on Barrick Gold CorporationToday, we will speak about Barrick Gold Corporation : Barrick Gold Corp. engages in the production and sale of gold and copper, as well as related activities such as exploration and mine development. It operates through the following segments: Barrick Nevada, Veladero, Pueblo Viejo, Lagunas Norte, Turquoise Ridge, Acacia, and Pascua-Lama. The company was founded by Peter D. Munk in 1983 and is headquartered in Toronto, Canada. (you can read this type of description on the right sidebar of your screen on Trading View.) Technical Aspects: -In April 2020, we saw a huge breakout of a major support/resistance zone that was working since 2013 -After the peak in August 2020, the price started consolidating since the current date -Based on the price action we are observing, we expect an increase in the price of GOLD stocks as a consequence of an increase in Gold (spot) prices (Link in related ideas) -It's important to say that the price has not broken the corrective pattern yet. However, we expect a bullish movement from current levels towards the higher trendline of the corrective pattern and maybe a clear breakout -From there, we may see a correction on the edge of the corrective pattern above the corrective pattern. This type of behavior is pretty common after the breakout of a key area or structure -Here, we will provide an image that you can use as a template to think about these Throwbacks (Re test of broken structures or levels) - The conservative target we are looking for on GOLD is the first fibo extension at 1270 - Take into consideration that we are working on a Daily chart; this requires patience and time to see the price evolves (200 - 300 days towards the final target) by ThinkingAntsOk116
GOLD [LONG]Bullish divergence on 1D timeframe Ill post my ichimoku analysis l8er after watching it a while longerLongby pompiht3
ABX bullish I am already in this trade in call options. I see this playing out well. The gap fill target would be really nice for options traders. Either way, still trading well below analyst avgs and strong buy IMO. Longby tsx_trader332
BARRICK GOLD CORPORATION - 1h - Longwe can see a possible triangle formation, we need that the superior support is not lostLongby vongovarUpdated 1
Barrick GoldWhen the big guy tips his hat, it is time to buy gold again. Long Barrick.Longby etfsandstuff9
Who said tha Gold is dead? Possible reversal and uptrendI think $GOLD is bullish and may fit also a narrative, the gold spot value is bullish, hedge against inflation, plus bitcoin, plus hedge against correction in the equity market or volatily. Price target is difficult since Gold is a slow mover. Let's say 24$. Longby Ankel-ssjUpdated 228
Gold Miner Barrick Gold on the long runThis is my Idea for the Gold Miner Barrick Gold on the long run, based on Elliott Wave Counts and Fibo Extension. Please let me know what you think about it. Best Regard from Germany Gold-EselLongby Gold-Esel224
Barrick Gold Bullish Bat Harmonic Barrick Gold Bullish Bat Harmonic Weekly chart. Any questions?Longby PETEYboy2