barrick - ABX
2 responses | 0 likes
Started by bear - Feb. 19, 2018, 10:35 p.m.

has broken below its late 17 low,  so it looks like it is going all the way back down to its jan 16 low around 8 bucks.

should make a nice short.

this does not seem to fit with the idea of a gold bull market.

Comments
By Richard - Feb. 20, 2018, 10:51 a.m.
Like Reply

The chart of ABX is clearly different then the chart of the XAU. Without knowing what is going on with ABX, perhaps there is a isolated company problem?

By Richard - Feb. 27, 2018, 1:30 p.m.
Like Reply

Good call. Not sure how it predicts or affects the outlook for Gold but ABX is clearly breaking down since you posted this.