Adam and Eve Bottom Will Send Gold Parabolic Very Shortly!The Adam and Eve Bottoming Structure Could send Barrick Gold Into ATH... Q4 is Quite Bullish and Interesting time for GOLD, Silver and Cryptocurrencies. Bitcoin has recently decoupling from traditional markets and if this trend continues the masses could swarm into such assets during the next traditional market flash crash.
ABX trade ideas
Shares of Barrick GOLD before rising 65%.Shares of Barrick GOLD before rising 65%. Barrick shares are currently making an accumulation movement exactly around their fair value. The fair value is 28.06 usd. At a lower level of $ 2, Warren Buffet also bought out of the stock. GOLD (Barrick) begins construction of the second rising wave of a double rising wave system. In case my analysis is correct the target price is 45.47usd. An increase of 65% from the current level.
ABX Trend - The price movement is slowing down - Mid RangeThe 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.
Warren Buffett Bought Barrick Gold Stock Should You Also?It was announced last week that the CEO of Berkshire Hathaway, Warren Buffett, bought 1.2% of outstanding stocks of Barrick Gold between 26 & 27. Should you also buy the stock? I think you should follow where money goes... however, looking at the daily chart, immediately after the announcement, the stock price gapped-up thereby creating liquidity void. It will be good to see price filling this gap & any price rejection between 27 & 28.85 will be a better time to follow smart monies as long as the general market sentiments remain bullish.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades