Barrick Gold $25+ Price TargetWeekly Chart is forming a cup and handle.
The Math:
Cup Floor: 14
Cup Top: 19.75
Cup Height: 5.75
Implied Price Target: 19.75+5.75 = $ 25.25
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About BARRICK GOLD CORPORATION
Sector
Non-Energy Minerals
Industry
Precious Metals
CEO
Dennis Mark Bristow
Website
barrick.com
Headquarters
Toronto
Employees
23K
Founded
1983
ISIN
CA0679011084
Barrick Gold Corp. engages in the production and sale of gold, copper, and related activities. It also provides exploration and mining development. It operates through the following business segments: Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, Bulyanhulu, and Others. The Others segments includes Long Canyon, Phoenix, Nevada Gold Mines, Hemlo, Latin America and Asia Pacific, North Mara, Tongon, Buzwagi, and Africa and Middle East. The company was founded by Peter D. Munk in 1983 and is headquartered in Toronto, Canada.
ABXBarrick Gold ? Really ? .... yes... barrick gold ... the triangle, and the sideways consolidation along with most likely (not confirmed) increasing earnings makes this a buy here... i'm in :)
Barrick: Dig Deeper! ⛏Barrick still has got heaps of digging operations to do. The share should continue the downwards movement it has started from the last high of wave (iv) in blue and drop below the support line at $12.65. Thereupon, Barrick should enter the yellow zone between $11.97 and $6.32 to develop wave (2) in
GOLD | Great Entry Point | LONGBarrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Cote d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania
Barick Gold pushing higherGold is pushing higher while gold mining stock are not that much yet.
Is this an opportunity?
Barrick Gold is going to MOON in the coming year(s)Good long term investment here as we see a macro bullish harmonic with a mini fractal. Harmonic targets in confluence with supply zone (red fib levels) Accumulate and enjoy your retirement
Barrick Gold CO Long R/R ~ 1:5Analysis
Pitchfork. Priced is at the median. Targeting forks top
Fibs: extending range to 1.236
Target the confluence at $38.18
Watchlist 2023-03-20 $GOLD $NEM $WAL $ZION $PACW $RIOTSPY - reversed early downside action to start the week flat at the moment. Traders are dividend on what to make of the news that central banks around the world back-stopping failing banks and bolstering the flow of cash around the world to prevent a fast-moving loss of confidence in the financial sy
Banks Insolvencies Whisper, SM Crash Begins, Herd flees to Gold
After the 80% in 2013, the Gold Pushers have been saying "buy gold" "buy gold" for the last decade.
During that time, we saw a sideways consolidation pattern where gold is around the same place today as it was 10 years ago.
Meanwhile, SPY grew 3X before drawing down a reasonable 20%. BTC grew 1
GOLD Barrick Gold Options Ahead of EarningsAfter we hit the 1st price target in the last chart:
Now you should know that GOLD, Barrick Gold Corporation, is the usual suspect against the higher inflation numbers.
Looking at the GOLD Barrick Gold options chain ahead of earnings , I would buy the $18 strike price Calls with
2023-3-17 expirat
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
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