InvestorsHub Logo

nowwhat2

08/23/20 2:19 PM

#4699 RE: ironyman #4698

Sorting of the miners has increased.....







Chart of Barricks' $40 Cdn Level below



At the time of drawing that chart, it was at $ 35........I was calling for it to continue dropping on down to 30





But.....

3 days later word came out that Warren Buffet has been buying (causing it to instantly shoot back up to 40)






Bottom line (for me) is : Is that that $ 40 Level will be the tell-all




It's actually an alarmingly simple read !.......




Will the shorters be correct ?...........Or will that Barrick $ 40 Bust Out ?????



Because if that Barrick $ 40 begins to break out, then gold's heading up towards its' $ 3000 !




Here we've seen gold breakout (and now it's (just?) back-tested).......