+3.31% for Barrick Gold stock — mixed technical signals follow breakout on strong revenue

+3.31% for Barrick Gold stock — mixed technical signals follow breakout on strong revenue
Barrick Gold rises 3.31% today

Barrick Gold Corporation (ABX) is trading at $62.12, up 3.31% on the day after a gap up from $60.13 to $61.31. The price remains below both the MA-20 ($67.66) and MA-50 ($62.94), but trades comfortably above the MA-200 ($42.50), reflecting sustained short- and medium-term bearish pressure alongside a bullish long-term backdrop.

ABX price prediction
24H 0.94%
CA$ 58.98
48H 1.04%
CA$ 59.04
7D -2.96%
CA$ 56.7
1M -10.2%
CA$ 52.47
3M -4.91%
CA$ 55.56
6M 49.89%
CA$ 87.58
12M 70.22%
CA$ 99.46
Current price: CA$ 58.43 -1.5500 2.58%
Closed 06/17
Daily range 58.30 Arrow from to Icon 61.37
Weekly range 51.90 Arrow from to Icon 61.37
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Highlights

  • Barrick Gold reported record Q4 2025 results, posting net earnings of $2.41 billion and revenue of $6 billion.
  • The board approved a 140% increase in the Q4 dividend to $0.42 per share and set a payout policy at 50% of free cash flow.
  • Barrick Gold ($62.12) is trading below the MA-20 ($67.66) and MA-50 ($62.94), with key resistance at $66.28 and expected consolidation near $62.

Record quarter, dividend boost, and asset spin-off drive sentiment shift

Barrick Gold reported record fourth quarter 2025 results, with net earnings of $2.41 billion and adjusted net earnings of $1.75 billion, as revenue climbed to $6 billion. The company’s board approved raising the Q4 dividend to $0.42 per share, marking a 140% increase and setting a new policy targeting payouts at 50% of attributable free cash flow. Barrick repurchased approximately 51.9 million shares during 2025 for a total of $1.5 billion and confirmed plans to spin off its North American gold assets via an IPO in late 2026. Leadership changes were also announced, with Helen Cai named Chief Financial Officer effective March 1, 2026.

Mixed momentum amid oversold signals and dynamic resistance near kijun

Technically, the Ichimoku Kijun at $66.28 acts as the closest dynamic resistance, while MA-50 near $62.94 may serve as immediate resistance if ABX attempts further gains. Momentum signals are mixed: daily MACD is neutral, and ADX shows a moderate advantage for sellers. Oscillators such as RSI (38.12), Stochastic RSI, CCI, and Bull/Bear Power all suggest oversold conditions and dominant selling pressure, with the Awesome Oscillator affirming the bearish tone. Volatility is moderate, and ABX trades near the upper end of today’s intraday range, with buyers displaying strength into the close, though signals overall remain conflicted.

Sideways trading likely as bullish breakout and downside risk diverge

In the short term, ABX is likely to consolidate with a typical volatility band between $60.50 and $64.00 based on recent sessions. The probability of a price increase over the next week is high (above 80%), while the likelihood of a decline is very low. Sideways movement near $62 is the base scenario given mixed momentum. A bullish breakout above $66.28 may open the way towards $64 or beyond, while a drop below $60.50 could trigger further weakness and test long-term support levels.

Anton Kharitonov, analyst at Traders Union, sees a mixed setup for Barrick Gold in the current environment. Technicals point to short- and medium-term bearishness, while longer-term structure remains intact above key support. Strong fundamentals and the new payout policy benefit sentiment, but upside is capped unless resistance at $66.28 is cleared. "Until ABX breaks above the MA-50 and Ichimoku Kijun, I stay cautious and would wait for confirmation before acting."

Previously it was reported that Barrick Gold Corporation is experiencing short- and medium-term bearish pressure as it trades below both the 20-day and 50-day moving averages, although the long-term trend is supported above the 200-day average. Momentum indicators show oversold conditions despite a session rebound, with technical resistance near the Ichimoku Kijun and the 50-day average acting as a key support level.

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.
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