What’s changed?
Barrick’s share price posted further strong gains over the past week, continuing to track our primary scenario.
Primary Scenario
Our primary outlook is that the ongoing downtrend will persist, likely pushing price below support at $30.35. For the completion of this move, we’ve identified our blue Long-Term Entry Range at $23.77–$10.30.
Alternative Scenario
Alternatively, the next leg down could find support near $30.35, after which a rally to a new corrective high above resistance at $54.69 could unfold. Price would then also turn lower toward our Entry Range at $23.77–$10.30 (probability: 15%).
Barrick’s share price posted further strong gains over the past week, continuing to track our primary scenario.
Primary Scenario
Our primary outlook is that the ongoing downtrend will persist, likely pushing price below support at $30.35. For the completion of this move, we’ve identified our blue Long-Term Entry Range at $23.77–$10.30.
Alternative Scenario
Alternatively, the next leg down could find support near $30.35, after which a rally to a new corrective high above resistance at $54.69 could unfold. Price would then also turn lower toward our Entry Range at $23.77–$10.30 (probability: 15%).
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。