13-14 range looks like a good place to accumulate Barrick Gold shares and go long. Ascending triangle spotted on the 1 month chart. Expecting to see inflation spike in the years to come, and barrack gold will benefit.
Note
Nice Gap down this morning pre market into the buy zone.Note
The price gapped down so quickly that the bottom support line is actually at about $12.80. That being said, I am scaling in buy orders between $12.80 - $13.50Note
A close Under $11 would be a bearish signal for this pattern.Note
Approaching the upper horizontal resistance line. Very interesting.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.