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Agnico Eagle Mines Ltd (Ontario) T.AEM

Alternate Symbol(s):  AEM

Agnico Eagle Mines Limited is a Canada-based gold mining company, which is engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. The Company has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India, LaRonde Complex, Macassa, Meadowbank Complex, Meliadine and Pinos Altos. Its exploration site includes Anza, Barsele, Delta, Douay/Joutel, Kirkland Lake Regional, Kuotko, Monument Bay and others. The Canadian Malartic Complex is located over 25 kilometers (km) west of Val-d’Or in northwestern Quebec, Canada. The Detour Lake operation is located in northeastern Ontario, over 300 km northeast of Timmins and 185 km by road northeast of Cochrane, within the northernmost Abitibi Greenstone Belt. The Fosterville mine is a high-grade, low-cost underground gold mine, located 20 km from the city of Bendigo.


TSX:AEM - Post by User

Comment by 1keepitsimpleon Mar 12, 2024 1:33am
541 Views
Post# 35927794

RE:Gold Futures

RE:Gold Futures
Here is an opinion from my techs (daily).  Gold continuous contract is up in the overbought area. This might suggest in a couple of days it may drop or go sideways on the short term. I am only short term.
I figured the market makers started moving the price up feb 14 and it is getting close to them finished selling for awhile. I am only short term and do not guess for the long term i.e. fundamentals.

Look at AEM and the chart looks the same. The share price has moved about 25% from the bottom of what I call the start of a cycle. $15 move which is good for one month move.

General pattern is after this next move it will go higher,that is if it stays bullish. The chart for silver is lagging compared to the gold chart.

Remember this is just my opinion and sometimes I get it right but do not use this for anything but education.
I have no opinion of the you tube video mentioned on aem site.

If your happy and you know it take some profit to show it.

Do your own D.D.

May you be happy rich or poor.
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