ABX daily Jan 20th

ABX daily Jan 20th

ABX (Barrick Gold Corp) has hit the first profit target, T1 at 12.45, for a gain of 5.1% (if taken at the second entry/price posted on Friday following the whipsaw buy signal) or 8.3% (if taken earlier on the whipsaw/false break above 11.48). Consider booking partial or full profits and/or raising stops, according to your trading plan. T2 (13.21) remains the final target at this time but as per the update on the PMs & miners earlier today, the odds of a near-term pullback in the mining sector is somewhat elevated at this time.

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