Shooting star for Barrick Gold on the daily chart

Caution:The shooting star is a flashing yellow light.
Barrick Gold (ABX:TO) 6-Month Chart showing a shooting star candlestick.

Barrick Gold (ABX:TO) 6-Month Chart

Need to monitor the price action on Tuesday for the possible formation of an evening star pattern. The evening star is a potent reversal pattern.

Reference the last chart analysis for Barrick gold.

The best book on the subject of candlestick charting: Japanese Candlestick Charting Techniques: A Contemporary Guide to the Ancient Investment Techniques of the Far East by Steve Nison

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“Technical Analysis is about probabilities.”

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