Short position Gold.We observe a short position which will continue and reach 18.91 USD.Shortby mohammed90080
GOLD swing trade GOLD *MAY* go up as the market corrects, because some people may start to shuffle money around. There are two concepts behind this trade for me. On the interim, its a speculative play, based on potential correction in the overall market, bringing gold stocks up a bit, which I would benefit from. Otherwise, ABX (Canadian) and GOLD (US) both representing Barrick Gold corp are trading at the lowest they had in one year. The price, is quiet attractive, even as a long term hold. For this trade, I am not setting a stop loss. As a matter of fact, I will accumulate at key levels of support at the stocks come down. The idea is that one day some day, circumstances will be such that gold prices and stocks will get me a return. 2 things to note 1) accumulation strategy requires the ability to average down numerous times, so keep initial positions small so you can be liquid. For me, i'm starting with a small position which allows me to accumulate aggressively in the future. 2) Gold is not what it once was, sadly because of bitcoin and other types of currency. There is too much to bet on, and gold is not that "safe heaven" it once was according to some investors. Either way, Barrick is trading well below avg analyst value. I am making the exception to accumulate on this one. Longby tsx_trader0
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.Longby BrunoCrypto230
Gold Stock next positionmy Analysis of gold, to sell of short strategy and fast action average for small benefits Shortby rabiel011
Getting ready to POP!!!Divergence and double bottom. Following the metals. Inflation talks. Afghan crises. Covid-19. WTFLongby G-Smoothie9
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.Longby For3xScalper2
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!Shortby MarketIntel222
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...Shortby BigPippinSpendingGs5
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 pointLongby KondrackiKarl4
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 marcketsLongby dondanicorleoni2
Barrick Gold - updateIt is likely that we are in a flat corrective pattern, implying a downtrend until the end of summer. Summer 2022 :) Shortby UnknownUnicorn3382580115
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.Longby pomoziadam6
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.Longby Cape-Peninsula-Capital0
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 onlyLongby ashleycam3ron0
downtrend bear market, uptrend bull Market. H and S inversedowntrend bear market, uptrend bull Market. H and SLongby chart_dude4
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$Longby smoki990
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!Shortby MarketIntel112
#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: 2.73Longby aoberninger0
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. :)Longby smoki992