Barrick Gold – New Golden Strike with Risky Shining…

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 

 

barrick-gold

 

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 

ABX - M - 2015

3.04.2020 – EOW 

ABX - M

ABX - M - Line

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