Wednesday, May 10, 2006

Barrick Gold Corp. (NYSE: ABX) chart update

Barrick Gold Corp. (TSX: ABX) (NYSE: ABX) (LSE: BGD) (PARIS: ABX) (Swiss: ABX) the largest gold miner is doing pretty good lately. Barrick have closed significant amount of its hedging position and apparently rewarded by investors. Technically, Barrick broke above the upper diagonal resistance trend line on good volume. Most likely it will consolidate around current levels (+/- 5%) before moving higher.

See previous / related Barrick Gold Corp, ABX Posts


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Barrick Gold Corp. (TSX: ABX) (NYSE: ABX) (LSE: BGD) (PARIS: ABX) (Swiss: ABX) chart

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