BARRICK GOLD CORPORATION

ABX TSX

mk5brown1994

Barrick Gold is way oversold and appears to have nice support in the $29-30 range. Daily & weekly RSI in the 40s/30s and trending upward, along with ascending 200 dma on the weekly which we're well above. I believe this will be the start of a year long uptrend IF volume appears soon and we can keep closing above ~$29. In order for this to happen, the gold chart...

koples

Volume and liquidity levels potentially confirming a bottom. Looking for higher low on lower volume. Moderate upside potential with gold bounce and dollar destabilization.

SlashFractal1

S E L L - Get out now if you can before the new year. Cause this stock is totally bearish, just look at the chart, all it says is , um meh.

wozney

Based on current support and resistance over the last couple months and other indicators, we should see another uptrend to around $35 to $40. I would set a stop loss in case the trend does reverse but from the looks of it, it will be uptrend.

mario_b

test

x45lu

Hello traders, Looking at the daily chart for ABX, it is at the really critical level. RSI is oversold for the first time in the daily chart this year, and there is confluent layer of trading volume in this trading range: resistance (Feb 25th, 2020) support (June 5th, 2020) Also, XAUUSD is at 200MA in daily chart as well. We can expect relief rally if...

thelion01

Before the gap up on news that BUFFET bought a bundle of stocks in ABX...now is back to that zone before the news. Also spotted a Falling Wedge. Will try some here for a swing...

FazilHella

The canal broke last month and the trend tend to be bullish. In the next few days we might see a clear trend appear and we might be able to use new information in a more glabal view to take actions. To be honnest I'm gonna wait until an oppurtunity to open to jump in.

Area618

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etfsandstuff

Barrick. A no brainer right ? Still many overlook this one. Im thinking the trend that has many uninterested is about to pick up speed !

drchelsea1

0. Notes to follow;

Fourways2020

the next level of abx stocks price is 41 CAD let’s share your love buy giving me likes and comments thank in advance.

shashankpt

BUY ABX with stop of 31.80 target 35. Its forming trangle brakout

KBaouche

weirdly enough i played with it and it seems better correlated with the gold/euro than the gold/usd (may 2017 to april 2018 it keeps on going up when barrick gold and gold/euro go down)

eziolisi

BARRICK GOLD - ABX Nice climb up as SAFE HAVEN IN GOLD STOCKS...during these times. Recently given upgrade valuation.. NEW YOR analysts. AVERGE TARGET --- C$28.84 ▲ (8.88% Upside). UPSIDE GOLD ___________________________________ Disclaimer: Always do your own due diligence, full research, and homework, and consult with your own licensed investment...

WadeYendall

Basing... could be poised to break out.

Noldo

There are 3 reasons why I chose ABX stock: I am looking forward to a downward movement in USDCAD. (More explanation on Related Ideas.) I also follow up the stocks related to the precious metal sector traded in the S&P 500 Index. You can follow and let's communicate ) I think that precious metals are discounted according to the World indices.This...

zSplit

One of the best ways to forecast Gold is looking at the senior stocks. Why? Senior stocks are the most highly short interest stocks in the precious metal sector and they never consistently rise until a Gold run is near. I believe what we are seeing now is the "true" bull run for Gold in-the-making, and eventually Silver and Platinum will follow (Platinum will be...