2020 2021 TSX:ABX Barrick Gold stock price forecast, Target 38.5 (+65.95%)
Trade : BUY the Dip
Entry : 23.2
Target : 38.5 (15.3, +65.95 %)
Stop : 21.75 (1.45, -6.25 %)
Date : Dec. 28 (Sat.) 12:54 (EST)
Note : Gold mining stocks are likely to rise a little further. It is not easy to say whether upward trend has started. If this is the beginning of a new upward trend, Barrick Gold (TSX:ABX) will rise up to 45 at least. Along the way, 38.5 is likely to become a line of resistance. Agnico Eagle Mines (TSX:AEM) and Franco-Nevada (TSX:FNV) look very good, too.