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December 11th, 2007

Trading Ideas: Barrick Gold (ABX:NYSE or ABX:TSE) trying to break flag…

Barrick Gold has been following the Gold contract quite nicely and it looks ready to break the flag.

Barrick - daily

2007-12-11 120652_TSE~ABX_1d

Barrick - 30 mins
2007-12-11 121147_TSE~ABX_30m 

and here’s the chart for the Gold Continuous Contract (courtesy of StockCharts.com):

image

Very similar eh?

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This entry was posted on Tuesday, December 11th, 2007 at 12:09 pm and is filed under trading ideas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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