As gold enjoys something of a revival amid global recession fears, mining stocks have emerged as a popular play.

Barrick Gold (GOLD - Get Report) in particular has been hot, outperforming the gold ETF and surging after its latest financial reports.

Even with those gains, there appears to be a trading opportunity, in Bret Kenwell's view.

Here's how he thinks you could play the stock going forward.

Wall Street had blue Monday, with the Dow ending off nearly 400 points on recession fears, trade-war worries and the ongoing unrest in Hong Kong.

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This article was written by a staff member of TheStreet.