meszaros

GOLD before rising 23%...

Long
NYSE:GOLD   Barrick Gold Corporation
In my previous analysis, I was expecting a correction. Then I predicted a 12% drop. We can see the end of this correction. My assumption is that the exchange rate will start rising. I visualize this rise by building a double fractal. As shown in the figure, a third fractal sequence may be generated which may be twice the size of the preceding fractal sequence. In this case the target price can be 20 usd.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.