Barrick Gold – Back Today on ATA Research Radar
ATA Continuation of…
2015
19.07.2015 – ABX – Searching for Opportunity…
with
ATA Following …
PHLX Gold/Silver Sector Index
27.03.2020 – PHLX Gold/Silver Sector Index – Next GOLDEN FALL…
Major Barrick Gold Motives
Global Coronavirus Pandemic – Rising Risk
Global Slowdown or Recession Extreme High Risk
&
Gold Moves
vs
USD – Very Strong Main Global anti Gold Currency
US Factors for Barrick Gold
Trump signed CARES Act-2.2 Trillion USD
&
FED Atlanta Bostic “More&More” Strike
More for US Economy Financial System if needed
Mnuchin US Macro “Wonder” Strike
5% GDP-EOY 2020 Realistic
FED Powell New Central “More&More” Strike
Policy Room for More Action
Central Banks-Hazard ALL IN
FED Mega Easing BAZOOKA Strike – QE No Limits
US Government Stimulus Packet
with
Bernanke “Now No Great Depression” Strike
FED Bullard “Boom” Strike
after short term Shock US Economy will Boom again
Kudlow RISK ON Verbal Strike
US likely V-shaped Recovery in Summer vs Present 10-15% Contraction
vs
FED Bullard US Economy Götterdämmerung Scenario
US Q2 GDP -50% & Unemployment Rate 30%
Goldman Sachs US Coronavirus-driven Recession Strike
Goldman “Apocalypse” Strike
Expectation Record 24% Crash US Q2 GDP
Mnuchin US Jobless Warning
Coronavirus could Yield 20% Jobless Rate without Action
Morgan Stanley Base Case – Global Recession
ATA Conclusion
Wall Street Factor for Barrick Gold
still High Probability
of
2000 Year DOT.COM Bubble Burst DEJA VU Scenario
with
Guggenheim “PONZI SCHEME” Collapse Warning
Central Banks driven ‘Ponzi Scheme’ must Collapse
Tech Bubble High Risk
GLOBAL FLAT MONEY ERROR SYSTEM MEGA RISK
Present Barrick Gold Secular Situation
BARRICK GOLD SECULAR SITUATION
ATA MARKET MODEL IN SECULAR ACTION
ATA MIND OVER MARKETS
Hope is Not a Strategy
Follow the Trendlines Not the Headlines
Failed Signal is the Strongest Signal
ATA MARKET MODEL
First…Market Motive…
Second…Market Technical Pattern…
First…Key Motives
above in this text…
Second…Market Technical Patterns
First of All
After earlier Activated
Two Falling Ending Diagonals
with
Dynamic Rising Waves
( Candlestick Chart )
Now dominating
New Bull Impulse
that Activated
Latest Bull Reversal Pattern
Inverted H&S – Neckline 25.85 CAD
vs
Psychological Resistance 30 – 30.50 CAD
Top Zone – July 2016
but with
MACD Monthly
Buy Signal & Inverted H&S
Barrick Gold Present Battlefield
25- 25.86 vs 30 – 30.50 CAD
with
Psychological Key Levels 20 – 25 – 30 CAD
ATA Investment Conclusion
Now Special Focus on
25.28.85 vs 30-30.50 CAD
with
Psychological Key Levels 25 – 30 CAD
with
Research New Pattern
Classical & Candlestick
and of course
New Coronavirus News
vs
Next Global Macro Strikes
&
Central Banks FED-ECB-BOJ & Governments Strikes
ATA Financial Markets Maximes
MAJOR TOPS WERE ALWAYS CREATED on SUPER GOOD NEWS
with
EUPHORY PHASE …!!!
&
WALL STREET NEVER TOLD YOU…YOU SHOULD SELL…!!!
Market Trend always changed when Mainstream Media created
One Slogan ” No Chance for Change “…
that’s why
Charts show you Reversal Pattern First ex ante…!!!
N – TIMES
F/X Maximes
Risk strikes Fast…
Chart is More Important than 1000 Words…
&
Most Important s Final Smart Money Reaction…
First…EOM – April
by the Gold Way
always remember
Gold – anti US Dollar Vector
Barrick Gold Monthly Charts :
19.07.2015
3.04.2020 – EOW
ATA FINANCIAL RESEARCH 