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Yamana Gold Inc. AUY


Primary Symbol: T.YRI

Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from the Canadian Malartic segment.


TSX:YRI - Post by User

Bullboard Posts
Post by TheSiteOnGoldon Jan 22, 2014 1:56am
402 Views
Post# 22118902

Careful with Yamana as Gold is at that curve...!

Careful with Yamana as Gold is at that curve...!
I highly suggest you look at this daily and weekly Gold chart to see what Im talking about..
The gold miners have run up...to levels near where resistence is typical...not only would it be best for them to rest and consolidate... but so would gold itself as it has not moved in relation.Whether the miners are anticipating a gold move or only reacting in a normal bear bounce..time will tell soon.
Gold needs to hold this current support level or the next leg could suprise the gold bulls and gold could be smashed down..Gold needs to move and close this week up...badly..Caution.. Have an exit plan because pressing the buy button for most is too easily done when hope and greed kick in..
This Weeks Weekly Gold Chart
Read more at https://www.stockhouse.com/companies/bullboard/t.fnv/franco-nevada-corp#oQ3jR2h0xvJqCrxh.99

Bullboard Posts