GOLD long, ready to HIT 2020 last highThink that money is starting to flow to assets like Gold, in the chart we can see a double top and a descending triangle.
In my opinion we are heading to $30 level. Then we are going to break 2020's high.
ABR trade ideas
Gold Stock next positionmy Analysis of gold, to sell of short strategy and fast action average for small benefits
Getting ready to POP!!!Divergence and double bottom. Following the metals. Inflation talks. Afghan crises. Covid-19. WTF
GOLD Trading Plan - 25/Aug/2021Hello Traders,
Hope you all are doing good!!
I expect Barrick Gold to move UP after finishing the correction.
If looking for investment, look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Barrick Gold Corp: Bear in Mine! ⛏⛏⛏Next to coming up with semi-funny puns, we also analyze mining stocks. For Barrick Gold Corp, we expect the price to fall below $18.64 first and then even below $13.01. A long bearish run is, thus, continuing. A breakout would realize above $24.95 and has a chance of 30%.
Wait for the opportunity!
Deflation crisis we are waiting for...Media is pushing inflation but the next crisis is going to be deflation. Final sale of our lifetime is coming. Keep your powder dry...
Barrick Gold with the Three Rising Rivers and Bump and RunJust a quick chart with lines on it for Barrick Gold
Three Rising Rivers
Bump and Run
Unsure targets at this point
Barrick Gold #GOLD Buy Long TermBarrick Gold fundamentals are amazing, due high volatility stretch the stop loss even a little more so manage well your position size, great alternative for inflationary marckets
Barrick Gold - updateIt is likely that we are in a flat corrective pattern, implying a downtrend until the end of summer. Summer 2022 :)
Barrick Gold can resume its bullish trip soonLooking at the weekly structure of GOLD stock, the chart tells me that this great gold miner company can trigger soon a buy signal. 200EMA, strong support, trendline, counter TL break, short term bearish structure break and fibo 78,6 on the latest momentum all supports the entry. Fundamental side, if I step back a few, the pictere is still very bullish for precisious metals and commodities for the coming 1-1,5 years. Huge money supply and inflation expectations are both still valid for a while. Let the market decide if this thinking is wrong or not. Cheers.
Barrick GoldThe price has formed a positive divergence at a significant support level . Aggressive traders can enter immediately or a confirmation of a reversal pattern at the support area can be used as entry. The stop should be placed below the support area and the parabolic SAR daily chart (default settings) can be a guide for the stopmanagement.
Is GOLD Getting Ready for an Impulse Wave 3?Ongoing practice with charting. Looks like CAPITALCOM:GOLD NYSE:GOLD
is getting ready to impulse up on Elliot's Wave 3. Referencing Wyckoff's pattern of events and phases. Heading up for a test.
Not financial advice; opinion only
$GOLD quick analysis bearishGOLD looking bearish, let's see if we can get a trend reversal. Most likely building a spread here
downtrend bear market, uptrend bull Market. H and S inversedowntrend bear market, uptrend bull Market. H and S
Gold for longBarrick Gold and the underlying Gold material are in an clear uptrend.
Try to get it a little bit cheaper, to target 28.50$
Barrick Gold: Bullseye? 😎😎😎With the current losses in the price for the Barrick Gold Corp. stock, we are perfectly on track to move all the way down under the support at $13.01. There, we will have amazing opportunities to re-enter the market on the long side. If there is no sustainable breakout above $24.95, our primary expectation will remain in place.
Happy weekend!
#GOLD - 1D Good +8% swing trade opportunity.
- OPENING POSITION: 24.70
- STOP LOSS: 23.90 (-3.20%)
- TAKE PROFIT: 26.75 (+8.74)
- R/R: 2.73
After made profit on target waiting for a drawdownBarrick GOLD run up very fast and so I could take my profit on the stock.
But I not lost the interest on Gold and this stock at all, the upmove will be take longer.
I hope get an cheaper entry after a little drawdown. So waiting for a new entry when MACD is down again. Maybe on 33% Retracement (see fibonacci) could be a good re-entry.
Waiting on the side to get it cheap. :)
