Possible Breakout Alert: Barrick Gold (B) - Inverse H&S in Play🚨 Possible Breakout Alert: Barrick Gold (B) – Inverse H&S in Play 🚨
Barrick (NYSE: B) looks poised for a technical breakout from a well-formed inverse head & shoulders pattern that’s been building for months.
Key Levels:
Neckline: ~$20.90–$21.13 zone now being tested
Breakout Target: $24.50+
Su
0.60 USD
1.90 B USD
11.48 B USD
About BARRICK MINING CORPORATION
Sector
Industry
CEO
Dennis Mark Bristow
Website
Headquarters
Toronto
Founded
1983
ISIN
ARDEUT112562
Barrick Mining Corp. engages in the production and sale of gold, copper, and related activities. It also provides exploration and mining development. It operates through the following business segments: Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, Bulyanhulu, and Other Mines. The company was founded by Peter D. Munk in 1983 and is headquartered in Toronto, Canada.
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Bearish trend looking for 4H price is in pullback and anticipating price to continue lower until AOV , interested how price to reach this area of value if this area is respected then will be looking to buy , but if this area is violated then i would prefer to continue selling .. lets wait how it goes
The Pattern That Could Launch BitcoinSpotted a long-term inverted head & shoulders pattern forming over a 7–8 month stretch on Bitcoin — much more reliable than short-term setups. If this bullish structure plays out, we could be looking at a breakout that pushes BTC firmly into price discovery.
I’ve included local Fibonacci levels on
Barrick Gold Corporation ($ABX): Golden Opportunity or Risky
Barrick Gold Corporation (ABX): Golden Opportunity or Risky Prospect? 🏆💰
1/10
Barrick Gold TSX:ABX has seen a solid financial performance recently. EPS for the last quarter hit C$0.42, with next quarter estimates at C$0.63. They beat estimates 75% of the time in the past year. 📈
2/10
Analysts ar
Barrick Gold Technical setup on the weeklyHello guys!
Barrick Gold on the weekly looks pretty bullish. In context of Gold rising, there is no telling where Gold could top out. It's RSI keeps making higher highs and canceling most bearish divergences, and so I think Gold's prices could remain elevated for years to come.
Barrick Gold (strong buy) I want you guys take a look at some things real quick
Current Environment Macro Landscape:
Defensive + Hard Assets -
Gold, Miners, Energy, Real Estate (inflation hedges)
AI & Mega Cap Tech -
MSFT, NVDA, AMZN — inflows
China / Trade War Plays -
FCX, CAT, Global Industrials
Reflation / Commodity Rot
Long after earnings.Earnings Scenarios
Optimistic Scenario
Probability: 65%
Assumption:
The company will exceed EPS expectations (0.25 USD) due to increasing demand for gold as a safe-haven asset amid geopolitical uncertainties and inflation.
Market Reaction:
The stock price will rise to 18.5 USD (+10%).
4x Triangle breakout on Golds rising tide Bullish chart
Looks like multi year triangle break out my guess is upside
It could break out and stop at a fib target so guess round number is 80 at fib =1
I am tracking about 22% increase from here to gold base metal target so this is 4x of that move which seems a lot can it do that in 2025 or
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Displays a symbol's price movements over previous years to identify recurring trends.
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