- This is a dedicated price action analysis on Barrick Gold stock. We have not observed a significant bear trap price action that indicates a sustained bottom in GOLD stock.
- Our price action analysis suggests that its signals are uncertain for now. Therefore, investors should continue observing GOLD's price action before pulling the trigger.
- Our reverse cash flow model indicates that long-term investors should be patient if they intend to continue outperforming the market.
- Therefore, we rate GOLD stock as a Hold for now. However, we will reassess our rating if we observe significant developments in its price action.
For further details see:
Barrick Gold: Don't Be Too Eager Yet