Barrick Gold Prints an Inverse Head & Shoulders Pattern which is Bullish.
Switching to a Line Chart shows the Pattern.
As always, get a few outside Expert's Advice before taking Trade or Investment decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
Switching to a Line Chart shows the Pattern.
As always, get a few outside Expert's Advice before taking Trade or Investment decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
Nota
Inverse Head Target Achieved.Nota
Barrick Gold Corp Price Target Raised to C$25.00/Share From C$20.70 by Veritas Investment Research.Nota
Whilst the Trade on the Pattern was achieved, Barrick has severely underperformed IMO in comparison to the South African Gold Miners.I would rather look to Harmony.JSE or Anglo Gold Ashanti.JSE and the Best Performer of late has been PAN AFRICAN RESOURCE PLC with a +55% Return in 6 Months.
Should the Gold Price increase due to lack of past Investment in this commodity mine development and also is a Diminishing resource, Expect these to POP within the next 6+ Months.
Nota
PAN AFRICAN RESOURCE PLC has been Superb for those dedicated.Also pays Dividends. Congratulations to all who took the Risk.
I'm still Holding for more upside.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.