Potential Inverse H&S

30 thg 11, 2020

Gold itself has taken a beating falling from over $1900 to low of $1764 today. Gold miners, including Barrick, have followed. GOLD has support of $1735-$1750. Barrick got a little bounce today and is setting up for a potential inverse H&S pattern. If GOLD falls a bit, barrick backtests a little, and then both bounce, we could see the bullish break of the inverse H&S.