Gold Mining Leaders Barrick, Newmont Sink Deeper As Death Cross Looms

The glitter of gold is losing its luster for two mining giants, Barrick Gold Corp GOLD and Newmont Corp NEM, as both stocks have hit a technical Death Cross—a bearish signal when the 50-day moving average falls below the 200-day moving average. For those betting on these miners to sparkle, the charts suggest the treasure hunt may be on pause.Barrick Gold Stock: Treading Below The Glitter Line Chart created using Benzinga ProBarrick Gold’s stock is down 11.97% year-to-date, with its recent performance offeri ...