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Eldorado Gold Corp T.ELD

Alternate Symbol(s):  EGO

Eldorado Gold Corporation is a gold and base metals mining, development, and exploration company. It has mining operations, ongoing development projects and exploration in Turkiye, Canada, and Greece. It operates four mines: Kisladag and Efemcukuru located in western Turkiye, the Lamaque Complex in Quebec, Canada, and Olympias, located in northern Greece. Kisladag, Efemcukuru and Lamaque are gold mines, while Olympias is a polymetallic operation producing three concentrates bearing gold, lead-silver and zinc. The Lamaque Complex is located in Val-d’Or, Quebec. It includes the Triangle Mine (Upper and Lower), the Ormaque Deposit, the Parallel Deposit, the Plug #4 Deposit, and the Sigma Mill. Efemcukuru is an underground operation located in Izmir Province in western Turkiye. Its other development project in its portfolio includes Perama Hill, a gold-silver project in Greece. Its Stratoni is an underground, silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece.


TSX:ELD - Post by User

Bullboard Posts
Post by CatamaranFundon Jul 30, 2020 11:46am
83 Views
Post# 31344025

Gold sees normal price pullback in a strong uptrend

Gold sees normal price pullback in a strong uptrendJim Wyckoff/ Kitco provides up to date technical analysis as Gold gets (temporarily) battered down, causing Gold stocks to falter a bit but with all the stock indexes and their sectors all down at this moment (11.40am) - Gold will be first to float back up...
TSX Comp: 16,140.01, -154.65 (-0.95%)
 
S&P 500: 3,233.37, -25.07 (-0.77%)
 
DJIA: 26,232.03, -307.54 (-1.16%)
 
NASDAQ: 10,527.80, -15.14 (-0.14%)
 
Gold (USD): 1,934.20, -19.20 (-0.98%)
 
Oil (USD): 39.87, -1.40 (-3.39%)

"Technically, the gold bulls have the strong overall near-term technical advantage. Bulls’ next upside price objective is to produce a close in August futures above solid resistance at $2,000.00. Bears' next near-term downside price objective is pushing futures prices below solid technical support at $1,880.00. First resistance is seen at the overnight high of $1,965.10 and then at this week’s record high of $1,974.90. First support is seen at the overnight low of $1,936.40 and then at $1,900.00. Wyckoff's Market Rating: 9.5
 
Bullboard Posts