GOLD Rubberband SnapbackLooks like GOLD has rallied to far to fast, extending beyond the bollinger band and ranking over 90 on stochastics. Being that its on its 3-4 consecutive up day, these are all pointing to selloff for people to start taking profits. This can run down to 22 range, before it can rebase and run higher.
GOLD/N trade ideas
Barrick Gold $GOLD#BarrickGold broke out the and going to sky. I would wait for a pull pack as #RSI turned it way down.
$GOLD multiyear breakout
Huge potential tot he upside if it can break the .382 Fib resistance in the coming days .
barrick gold in canada (tsx) vs gold denominated in eurosweirdly 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)
Barrick Gold reaching resistance.Barrick Gold bounced almost perfectly off of the rising support line of the monthly ascending triangle. Price is approaching the horizontal resistance, and a pull back to support is likely here. A close with breakout on volume above the resistance line would be an extremely bullish signal.
GOLD PullbackGOLD ran up into its 200sma on the daily chart and held a red close the next day. This is an indicator for a pullback play back to the lower level . The moving averages are pushing GOLD back down.
GOLD SnapbackGOLD fell down all the way to the $13 level today, followed by a huge bounce closing at 16.3. This is equated to a snapback that was needed due to a rapid decline in gold over the last week. I do believe gold has reached its bottom today and will see alot more upside in the coming days. This play will be until the 19 level where it will face resistance, before it can continue another push higher potentially.
Ascending Triangle13-14 range looks like a good place to accumulate Barrick Gold shares and go long. Ascending triangle spotted on the 1 month chart. Expecting to see inflation spike in the years to come, and barrack gold will benefit.
GOLD Round UPGOLD is seeing a rally do to the market selloff, i believe it will reach its highs within a couple trading sessions on the daily. It has formed a rounding up pattern with a target at 22.5 where it will meet resistance.
BARRICK GOLD - ABX Nice climb up as SAFE HAVENBARRICK GOLD - ABX
Nice climb up as SAFE HAVEN IN GOLD STOCKS...during these times. Recently given upgrade valuation.. NEW YOR analysts. AVERGE TARGET --- C$28.84 ▲ (8.88% Upside). UPSIDE GOLD
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$GOLD.Hace unos días subía este gráfico mostrando la formación de HCH invertido que se estaba gestando en $GOLD. El mercado también estaba dando indicios de que estaba buscando un refugio de valor ante la expansión del coronavirus. Hoy cierra exactamente donde estaba fijado mi objetivo dado por la extensión de la figura. Algunos dicen que el AT es verso, la realidad siempre termina mostrando lo contrario, lo real si es que twitter esta lleno de vende humos, eso es otra cosa.
BARRICK GOLD ut M ideaBARRICK GOLD ut M Idea
"I don't know if it's even in your mind at all
It could be me
At this moment in time is it in your mind at all?
It should be me, it could be me
… …. "
Barrick making a multi year Leading Diagonal? $37 by Sept 2021Could Barrick Gold make a multi year Leading Diagonal?
Could we see $37 in Sept 2021 hitting the 161.8% extension of wave 1?
Then to retrace 38.2% by March 2024 to $24 before finishing the leading diagonal at $55 in March 2026
Could the leading diagonal end at the previous ATH back in 2011?
Such a long term estimate is difficult but I would like to come back to this in 2021-2022
GOLD (Barrick) The gold mine. GOLD (Barrick) The gold mine. The exchange rate may be facing a significant rise. The technical picture shows that we are in phase 3 of a very regular evolving fractal system. Typically, the previous fractals are copied at a 2: 1 ratio. Let's pause here. It is common for Stage 2 to finish copying (which we have not yet seen) and switch to another rule system. It is the "forerunner" of exponential growth. This is no different than the FIBO series. 1-2-3-5 For now, we are on the verge of this. Now I can't decide whether it's going to be a regular 2: 1 fractal copy or the 3rd wave of that FIBO series. In any case, I expect a steady rise with a target price of $ 33.50.
GOLD Is Ready To PopEasy 9% play inbound, looking to enter some contracts tomorrow if we can continue and hold breakout. The bulls have awaken...
DotcomJack | Easy Loot Trading
Not Financial Advice, please do your own research before investing.
Barrick Gold On breakout alert
Looks like major breakout is on the way for GOLD
Breakout entry $20.00
Target price $24.00 to 1-21 fibonacci extension
