Gold is breaking out!! FINALLYGold commodity is breaking out and will propel Barrick GOLD to new highs in the coming months and years. Barrick is breaking out. I have long been holding 27,000 shares as low at $10 with an average around $16. Today I purchased 250 calls. GLLongby ShortSeller76Updated 3
GOLD- Barrick GOLD just printed a GOLDEN CROSSA golden cross is the opposite of a death cross which is a bullish sign. The 50 dma is crossing UP through the 200dma. It's getting close short term overbought, any pullbacks are adding opportunities. GOLD the metal is not going up solely because of Ukraine but is likely adding a short term premium on it and would expect a pullback on any resolution, though I don't see this ending, or ending well...... We can only pray someone near Putin takes him out for the sake of humanity and ends this unprovoked genocide. I am beyond disturbed by what's transpiring and this is already out of hand. This can turn into WW3 easily and soon, sadly I fear. I digress, GOLD the metal will have many pullbacks on it's way to $3,000, $5,000 and $10,000. That's how bad things will get. There will be a dollar crisis, a Great Depression 2 and maybe ww3 in my lifetime. Money will be the least of our problems. I suggest to keep on hand some silver and physical gold for use as money in the future. Gold miners are a highly leveraged way to play the gold run which will last for years or longer. Barrick in my opinion is the best well run gold and copper miner which pays a nice dividend. Stay away from Bitcoin and other shitcoins, they are all a SCAM!! GL Hoping for the best. I stand with Ukraine!!!!! F Putin!!!! Longby ShortSeller76Updated 2
GOLD Barrick Gold Bullish trending, economic uncertainty, etc. Barrick gold potential to see prior highs in the 40's by 2023. Longby SupernaturalSpiritAnimal5
$GOLD Barricks GoldReal nice demand line here on Barracks Gold. Breaking above a critical inflection zone there at about 21$. A confirmation low would be ideal to confirm, what was once resistance is now support. We hit the 1.618, but the real target here on the Bearish bat would be the .886 which is confluent that zone there just under $40. This is a long hold. Longby TradingNomadic3
MACD divergence examples Here is another example of the macd divergence strategy outlined in previous post playing out. MACD trends down while price moves upward. Price quickly corrects back down. I will be paying attention to this from now on. Educationby kn5dw10
GOLD catching it's breathGold is still perceived as a storehouse of wealth, even if it is increasingly less intrinsically useful. And, in our turbulent times, it's no surprise that as our equities markets tumble, investors are looking or safe havens. Gold and metals will remain one in the vacuum of other options. Longby Fr33zerPop1
GOLD gapped up on earnings yesterday NYSE:GOLD is looking good after earnings. It bottomed out well and seems to be ready for more gains, any pullback towards 21.2$ is a buying opportunity. Targets and anticipated price action are shown on the chart. I would trail stop this with the 20 MA. Hit the like button please if you find this useful :) This is only my own view and not financial advice, do your own analysis before buying or selling Happy Trading!Longby ChartoholicUpdated 0
GOLDbreakout trade.. low of day stop... target on 1-5 day push to sell half and trail stop Longby jmallow0
GOLD looking like a "Golden Cross"The gold miners are smoking hot right now. I believe we starting a massive move higher in GLD and quite possible the greatest bull market of our life time.by GUMBY9662C0
DREAMING OF GOLDLong potential setup for this stud company. You love to see it. Longby clarkehimselfUpdated 338
GOLD Barrick Gold Corporation safe haven just in caseBarrick Gold Corporation, which engages in the exploration, mine development, production, and sale of gold and copper properties looks like a safe haven just in case of a war. The DIVidend YIELD at 1.63% and P/E ratio at 19.94 look decent. My price targets are $24.80 against inflation and $29.60 in case of an escalating conflict. Longby TopgOptions13
Barrick has broken higher. expect the GOld price to follow. sometimes GOLD leaders the miners and sometimes the miners lead the metal. strong daily surge in barrick SP today. US 10Y is at a criticial point too. lets me watching these 2 indicators in the coming weeks. Longby RogueCleaner0
Barrick leader of the pack, indicators said go time. the moving average ribbon pinch is a great tool and reco it.by hillbilly2501
Breakout Coming in Barrick Gold?Last week, we cited the potential breakout in the SPDR Gold ETF. Today’s chart shows a similar pattern in miner Barrick Gold. First, consider the series of lower highs since August 2020. Then notice how the price action Friday and today violated this downward trajectory. Second is the rounded bottom around $18, which took shape in the fourth quarter. This suggests new support has emerged as the bearish trend fades. Such a squeezing range may have reflected an equilibrium between buyers and sellers. However that neutral market took shape before inflation worries caused the broader market to stumble . The newer (and less bullish) normal is potentially more favorable for a safe haven like gold. Next, traders may view the November high around $21.19 as resistance. Can GOLD close above that level? Finally you have some interesting relative strength because gold miners are up about 5 percent in the last month, while the S&P 500 is down about 5 percent in the same period. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradingView is not affiliated with TradeStation Securities Inc. or its affiliates. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .Editors' picksby TradeStation1616211
Possible 50% to 100% Bullish RunI honestly think this is the run we’ve been waiting for, for a while. Looking at the trendlines from Jan 2016 to Sept 2018 we see the first bullish pennant forming. Then from June 2019 to today we see the same pennant forming, and close of trading last Friday we see the first true break from the trend. Furthermore, with each true break we see a bullish run of above 50% occur over three times, all of which happened within a span of two months or less. I can truly see this trading above 26 by April 2022, specially with inflation running rampant and the fears of a bear market overwhelming traders thus a possible switch to the good old commodities. Only time will tell.Longby janky_073
Bullish on BarrickFalling Wedge B/o Pattern move upwards with a TGT of 30.77Longby FREEDOMFOREVERYONE4
Buy $GOLD - NRPicks 03 DecBarrick Gold Corporation is engaged in the exploration, mine development, production and sale of gold and copper properties. They are located in Argentina, Canada, Côte d'Ivoire, Congo, Mali, Tanzania and the United States. Revenue TTM 11.9B Net Income TTM 1.9B EBITDA TTM 6.3B EBITDA Margin TTM 53% Debt/EBITDA TTM 0.8xLongby NewroadTraderUpdated 3
Barrick Gold (NYSE: $GOLD) Could See New Highs In The Future! ⚱Barrick 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, Côte d'Ivoire, the Democratic Republic of Congo, Dominican Republic, Mali, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other projects located throughout the Americas and Africa. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.Longby Bullishcharts12
COULD GOLD BREACKING RED TRENDLINE ?!it looks like gold has a solid buying zone with an interesting rising channel structure. What do you think of a bullish move and a potential breakout of the red trendline?Longby abmrk2
Silver is at $24.15 resistence. Gold is at $1841 Gold and silverSilver is at $24.15 resistance. Gold is at $1841 Gold and silver advanced seriously this morning at around 9am 1-19-2022. Silver is at $24.15 resistance. Gold is at $1841. AG is up 12% today this morning. GOLD is up 7-8%Long04:00by biopku1
lets see if it can finally break 🧐gold approaching this trendline resistance again, puts can pay if we see another rejection. targets 21.01-23.38-24.98 if we finally break it! like and follow for more 💘by Vibranium_Capital121225
Barrick Gold Demand and Supply analysisTwo alerts placed for options exits. Overall this stock provides the risk and reward ratio for some profit 3:1. Analysis drawn ChartLongby MCFX880
Over 19.10, and GOLD Could Fill the 20.25 Gap.Barrick Gold has failed a bunch of times at 19.10. If it can close above that level, it could get to 20.25.Longby chrisbrecher4