Home Forums Members Forum Barrick (GOLD) Reply To: Barrick (GOLD)

Sean HymanSean Hyman
Keymaster
Post count: 3286

Near-term, anything could happen. No one knows. On one hand, its had the typical momentum found well into wave 3. Some indicators are turning down and it is stretched far away from its major moving averages. So, a wave 4 could be coming soon. So, if you can ride through that dip or sideways range and hang on for wave 5, then you could probably see it hit one of the top two resistance zones, before its all said and done.

The alternative is to take the money out of GOLD around breakeven and to put it in an LI pick, if you don’t have all of them and all of your averagings in one ones that have are at or below averaging down zones.

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