Barrick Gold stock slips 3.32% as technical signals point to short-term bearish pressure

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Barrick Gold drops 3.32% to $63.56

Highlights

Barrick Gold reported strong Q4 2025 results with adjusted net earnings of $1.75 billion ($1.04 per share) and revenue of $6 billion.
The company raised its quarterly dividend to $0.42 per share (up 140%) and introduced a commitment to return 50% of free cash flow to shareholders.
ABX trades at $63.56 with short-term bearish pressure; key support is $62.00 and resistance is near $66.50, with high probability of consolidation.

Shareholder returns surge as buybacks and dividends accelerate

Barrick Gold reported strong fourth quarter 2025 financials with adjusted net earnings of $1.75 billion ($1.04 per share), net earnings of $2.41 billion ($1.43 per share), and revenue of $6 billion. The company declared a quarterly dividend of $0.42 per share for Q4 2025, a 140% increase over the prior quarter, alongside announcing a new policy to return 50% of free cash flow to shareholders. Barrick completed $1.5 billion in share buybacks through 2025 and approved leadership changes, including a new CFO appointment for March 1, 2026.

Diverging momentum and oversold signals amid persistent selling pressure

Momentum signals are mixed: the MACD on D1 points to renewed buying strength, whereas the ADX signals a downturn, reflecting weakening directional momentum. Oscillators show a blend of oversold (Stochastic RSI, CCI, Bull/Bear Power) and neutral readings, with Bull/Bear Power indicating sellers are dominating intraday action. The day opened with a clear gap down from the previous close, and with a drop of 3.32% to $63.56 (currently mid-range of today’s session), volatility is moderate, and the tone remains heavy with continued pressure from the open; notably, oscillators and momentum indicators are diverging, as oversold conditions clash with negative trend momentum.

High upside odds as technical setup favors bullish consolidation

For the coming week, the expected trading range is $61.00 to $66.50. Based on weekly technicals, there is a high probability (more than 80%) of an upward move, while a further decline appears less likely. The typical volatility band is expected to see ABX consolidating between support at $62.00 and resistance near $66.50. A bullish breakout above $66.50 could attract new buyers, while a decisive move below $62.00 would open the door to further weakness.

Anton Kharitonov, expert at Traders Union, sees technicals showing bearish pressure in the short term but notes that medium-term trends remain positive. He highlights the strong quarterly results and shareholder returns as supportive, yet sees diverging momentum and heavy price action as caution signals. The base case is consolidation between $62.00 and $66.50, with a bullish breakout only likely if $66.50 is cleared. "Until we see price convincingly reclaim $66.50, I remain cautious and prefer waiting for clearer momentum confirmation."

Previously it was reported that Barrick Gold Corporation is experiencing short-term selling pressure as it trades below its 20-day moving average, while remaining above both the 50- and 200-day moving averages, indicating persistent longer-term bullish momentum. Technical signals are mixed, with the MACD suggesting a strong buy but oscillators such as RSI and CCI reflecting oversold conditions and highlighting a key support level at the 50-day moving average, with resistance near $66.28.

Source of Data: ABX Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.