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Bullboard - Stock Discussion Forum Barrick Gold Corp T.ABX

Alternate Symbol(s):  GOLD

Barrick Gold Corporation is a Canada-based gold and copper producer. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company has ownership interests in producing gold mines that are located in Argentina, Canada, Cote d'Ivoire, the Democratic Republic of the Congo, the Dominican... see more

TSX:ABX - Post Discussion

Barrick Gold Corp > Shorts are panick on gold stocks…
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Post by Paray99 on Mar 12, 2024 8:40am

Shorts are panick on gold stocks…

With bid/ask at same price before the market open, that too with large quantity in both bid and ask, on many gold stocks, shorts trying to fool some sensitive sellers.... This phenomena is seen with SEA, ABX, AEM, NGD, and almost on all other ones too. This happens only in the Canadian market, where the bid and ask shows same low price.... 
This price will go up automatically seconds before the market opening. 

This tells me that many shorts are desperate to cover their short position. Yesterday's volume is also telling us that. Shorts are already panic.

Comment by Goldenpou on Mar 13, 2024 9:43am
What the heck is going on at 21.35 , why the resistance for days now, can they see tons of shorts at 21.50? why is it blocked there? Please outline theories. Is gold (unsuccessfully) and the gold  stocks manipulated too,so interest stays in bitcoin and the US dollar  is safe? This is supernatural for sure
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