G, Goldcorp,ELD Eldorado and XAU

g aug 17 2013eld aug 17 2013xau aug 17 2013

What applies to ABX is not unique to that stock even if its problems may be somewhat unique. The entire gold mining complex listens to the same drummer. Judging by the XAU the group is up about 30%  and both the c and a legs are more or less equal. We would step aside here. See all individual blogs. See also which has the largest retracement.