ChartSpartan

Barrick The Bellwether

Long
NYSE:GOLD   Barrick Gold Corporation
Barrick Gold is a precious metal mining bellwether. Sitting on significant 2016 support, last time the RSI was this oversold the stock gained 140%.

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so what does that mean ??
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ChartSpartan Touqeer87
@Touqeer87, The last time the RSI was this oversold it resulted in a 140% move upwards. Not that this will happen again, but it supports the bullish argument.
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