Eldorado Gold
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![Eldorado Gold: Daily opening performance is -0.8 % [Downntrend]](http://tricklar.com/ArticleImages/TSX/ELD/ELD_68.png
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[BEARISH]: Eldorado Gold opening price has gapped down. Currently, the OPEN is $1.2100 (-0.8 %).
![Eldorado Gold has broken the first resistance point ($1.2400) [Bullish]](http://tricklar.com/ArticleImages/TSX/ELD/ELD_22.png
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Eldorado Gold has broken the first support point ($1.2100) [Bearish]. Look for a short limit order entry near this point. Exit price for ELD should be set @$1.1900 & short position stoploss for Eldorado Gold should be set between $1.2500 & $1.2700
Eldorado Gold has broken the first Woodie resistance point ($1.2460) [Bullish]. Look for a long limit order entry near this point. Exit price for ELD should be set @$1.2530 & Stoploss for Eldorado Gold should be set at $1.1930
[BULLISH]: Eldorado Gold has formed a White candlestick. Normal buying pressure highlighting buyers were in control.
[BEARISH]: Eldorado Gold currently has negative PPO -1.2000%. This means the current price is losing momentum through a fall on the short term exponential moving average.
[BEARISH]: Eldorado Gold currently has negative Volume MACD of -170520.0000. This means the signal line is less than the Volume MACD line signalling a bearish movement.
Toronto Stock Exchange
Eldorado Gold is still above the 61.8% retracement level ($0.0000) [Bullish]. Look for a long limit order entry near this point. Exit price for ELD should be set @$38.9000 & Stoploss for Eldorado Gold should be set between $38.1200
![The MACD continues to rise above the signal line for ELD [Bullish]](http://tricklar.com/ArticleImages/TSX/ELD/ELD_44.png
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[BULLISH]: Eldorado Gold currently has positive MACD of 0.0100. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -0.8%.
[BULLISH]: Eldorado Gold currently has a confirmed uptrend. Price is currently above the displaced moving average for ELDCurrently, the return on DPO20 is 0.8%.
[BEARISH]: Eldorado Gold is in an downtrend in the medium term timeframe. The current rally number is 4 & the highest rally count for the LTM is 200. The highest rally for the month is 18
ELD: LOW Recent Trading -> (1) 25 Apr: 1.2000 (2) 24 Apr: 1.2000 (3) 23 Apr: 1.1900
[BEARISH]: Eldorado Gold current price has highlighted recent distribution. Currently, the OBV is -8783479.0000.
[BEARISH]: Eldorado Gold currently has negative PVO -14.6000%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -0.8%.
[BULLISH]: Eldorado Gold buyers are in control at the market close. There has been 2 consecutive days of prices closing in the upper part of the trading range for Eldorado Gold adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 77 trading days with the closing price in the upper part of the range giving a confirmation ratio of 29.3%. Over the last month there has been 6 trading days with the closing price in the upper range giving a confirmation ratio of 33.3%. Currently this quarter, closing price has spent 6 days in the upper price range compared to 6 days in the lower range giving a ratio of 1x.
Eldorado Gold has broken the first DeMark resistance point ($1.2225) [Bullish]. Look for a long limit order entry near this point. Exit price for ELD should be set @$1.2450 & Stoploss for Eldorado Gold should be set at $1.2150
Eldorado Gold is still above the 61.8% retracement level ($0.0000) [Bullish]. Look for a long limit order entry near this point. Exit price for ELD should be set @$38.9000 & Stoploss for Eldorado Gold should be set between $38.1200
![The WMA trend following signal is now active for Eldorado Gold [Bullish]](http://tricklar.com/ArticleImages/TSX/ELD/ELD_49.png
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[BULLISH]: Eldorado Gold currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.8%.
[BULLISH]: Eldorado Gold currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.8%.
[BEARISH]: Eldorado Gold UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.8140.
Eldorado Gold has moved above the 161.8% level ($0.0000) [Bearish]. Look for a short limit order entry near this point. Exit price for ELD should be set @$0.0000 & short position stoploss for Eldorado Gold should be set at $0.0000
[BULLISH]: Eldorado Gold currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.8%.
[BULLISH]: Eldorado GoldElder Ray Index is signalling a Bullish movementERI is 0.0090 indicating bull power. Prices are being driven above the consensus of value for ELD during the last trading session [Buying Pressure]
[BULLISH]: Eldorado Gold current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 1.1875.
[BEARISH]: Eldorado Gold current price has highlighted recent selling pressure. Currently, the Elders Force Index is -6251.0000.
![Eldorado Gold was difficult to move upward due to high volume in recent trading [Bullish]](http://tricklar.com/ArticleImages/TSX/ELD/ELD_62.png
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ELD: EOM Current Signal -> (1) 25 Apr: BULLISH HARD (2) 24 Apr: NEUTRAL (3) 23 Apr: BEARISH HARD
ELD: Average True Range Recent Trading -> (1) 25 Apr: 0.0530 (2) 24 Apr: 0.0550 (3) 23 Apr: 0.0580
