B/N trade ideas
GOLD earnings 11/05 at 6:10amTarget $30
3rd Quarter 2020
Consensus: $0.32 eps
Revenue: $3.35 BilLion
$B posted a marginal positive earning compared to estimates$B is projected for a slight bearish outlook after earning results, price is currently trading just below the median line.
keep it on your watch list!With the next earning coming next week, we will see getting out of the consolidation!
the average gold price was 1750-1900 for this quarter while it was 1600-1750 in the previous quarter!
Barrick Gold w43 2020. WAit for Buy signalMontlly
Uptrend
Weekly
Uptrend bounced from SR level
Daily
Correction in flat
Price in low BB channel.
Probably will go down.
Wait for clear trend and open buy due to it is GOLD company and Gold up.
currently at a buying zone for a swing tradeBefore the gap up on news that BUFFET bought a bundle of stocks in ABX...now is back to that zone before the news. Also spotted a Falling Wedge.
Will try some here for a swing...
Adam and Eve Bottom Will Send Gold Parabolic Very Shortly!The Adam and Eve Bottoming Structure Could send Barrick Gold Into ATH... Q4 is Quite Bullish and Interesting time for GOLD, Silver and Cryptocurrencies. Bitcoin has recently decoupling from traditional markets and if this trend continues the masses could swarm into such assets during the next traditional market flash crash.
Shares of Barrick GOLD before rising 65%.Shares of Barrick GOLD before rising 65%. Barrick shares are currently making an accumulation movement exactly around their fair value. The fair value is 28.06 usd. At a lower level of $ 2, Warren Buffet also bought out of the stock. GOLD (Barrick) begins construction of the second rising wave of a double rising wave system. In case my analysis is correct the target price is 45.47usd. An increase of 65% from the current level.
Will GOLD hold up trend?Can Barrick rally back? Looking for a rebound above $30 to continue it's bull run.
An Ascending triangle on Barrick gold? Looks like we r forming an Ascending triangle on Barrick gold ($GOLD $ABX)
I was considering selling my position on ABX but then i noticed this Ascending triangle if and when/ .
GOLD - BARRICK GOLD CORPORATIONBarric Gold always moved in strong trends. Im presenting Montly bars so consider this as buy and hold investment. It is as simple as that.
From Long To ShortThis is a big deal, There aren't many mines left. Nationalism is a two-edged sword, if you are going to start spouting it, you better get ready to take it.
www.theglobeandmail.com
GOLDTF: Week
Barrick Gold looks to possibly broken back into the upwards moving long-term trend. If price can move past this current resistance area, I think we will visit the highs of 2008 to 2011 over some time.
Barrick Gold in resistance zone. Might pull back Resistance zone at 30USD. If it will not be taken it might pull back. Gold is currently building a triangle.
