ABX daily
ABX monthly
Summary
More than anything, I'd first suggest you go browse the company site: http://barrick.com/
Accounts: http://www.barrick.com/investors/quarterly-reports/default.aspx
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NEWS: Barrick Gold announced preliminary results for 2017...
see: http://www.barrick.com/investors/news/news-details/2018/Barrick-Reports-Preliminary-Full-Year-and-Fourth-Quarter-Production-Results/default.aspx
Quarterly results will be released Feb'14th.
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Barrick Gold has been my favourite gold miner for some years. Its soundly based, and will be primed to benefit if Gold and Silver can eventually follow copper upward.
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Technically: S/t mixed, with soft target of the minor gap zone, and then the 200dma in the low $16s.
The mining/ABX bulls need to see a monthly close >$17.50 to break the m/t bearish trend.
Price structure since summer 2016 is a valid giant bullish pennant. If correct, hugely bullish implications for later this year, and across 2019.
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Arguably, most important of all, is the Gold price itself.
Gold, monthly1b
Gold has been broadly choppy for over a year. Things would turn very bullish with a break >$1400. Considering m/t price action in copper and oil, I do expect gold to eventually break >1400. Only bearish gold if <1200, which really looks unlikely.
