GOLD trade ideas

Gennadiy2016

BARRICK GOLD

UnknownUnicorn3159981 Updated 

BARRICK GOLD CORPORATION pulled back like we said in our initial post under ABX. NOW... Daily and Weekly Charts are BULLISH On the weekly... On Balance is trending up - BULLISH Accum/Dist Trending Up - BULLISH PPO Trending Up - BULLISH Stochastic is starting to turn up - BULLISH RSI is just under the center line getting ready to move above - BULLISH MACD...

Glewis54

Interesting basing pattern on Barrick. Could go to 18

Market_Psychology

Nice Bullflag on this gold mining company. Also being supported by the 50MA. Should go up to 14 or so when it breaks out

02:41

McGuireTO

Keeping an eye on ABX.TO tomorrow, we have a daily bullflag setup and currently consolidating on the 2hr chart in a Cup & Handle pattern. Bulls are looking to confirm the bull flag and want to do so one more than 1.4 million shares on the first hourly candle tomorrow - I want to see volume behind the breakout to confirm its real

philrego

Buy a clean break of the neckline

EminiOs

abx

plechaty

Possible path

JohnSp

ABX(daily chart). At Support, 200 sma, Bat.

chaching23

$GLD $ABX $GDX levels to watch for possible profit taking or exit as time can limit the typical trend following

MysteriousPersian

in tandem with gold. looking for furter move up

02:09

McGuireTO

I'll be watching ABX.TO tomorrow for a potential swing entry. My entry stop will be below the last hourly support and if I do take this trade, I will monitor any SPY consolidation to ensure my position is not in danger. Key resistance 17.40

DefiSenpai

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AST

Moment of truth. Next week we will se if Barrick Gold has found its bottom. Strong buy is my recommendation. good luck to all an especially myself :-)

dzhanalyst

Chart is clear enough to understand the buy logic. Happy Trading

Nate7

The stock price of Barrick Gold Corporation (ABX) as traded on the TSX.

GeorgeJimas Updated 

Look for strong resistance at the $25.40 area, with retesting the bottom of the channel. This has broken out of the bearish trend from August of 2016, with RSI trending up (clear bull divergence here).