Barrick Mining Stock Cools Off After Recent Commodity Strength
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Barrick Mining Corp shares are down 4.41% at $44.17 as precious-metal stocks take a breather after a recent surge. Gold prices hit all-time highs, driven by a supply crunch in Asia and a shift towards a multipolar financial system. Despite a bullish technical setup, with the stock trading above key moving averages, caution is advised due to overbought conditions. The stock is down 6.95% over the past year, but recent indicators suggest potential for recovery if upward momentum continues.
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