StockCall Early Morning Insight into Barrick Gold, Kinross Gold, Goldcorp, Eldorado Gold, and AuRico Gold

  StockCall Early Morning Insight into Barrick Gold, Kinross Gold, Goldcorp,
                        Eldorado Gold, and AuRico Gold

PR Newswire

LONDON, April 5, 2013

LONDON, April 5, 2013 /PRNewswire/ --

Gold prices came under pressure in the first quarter as improving economic
outlook in the U.S. raised prospects of an early end to Federal Reserve's bond
buying program. However, the Bank of Japan (BOJ), on Thursday, took markets by
storm after it announced aggressive monetary easing measures to fight
deflation. The BOJ's aggressive measures have boosted gold's inflation-hedge
appeal. The European Central Bank (ECB) has also hinted that it may cut
interest rates at its next monetary policy meeting. Meanwhile, disappointing
data from the labor market has ended speculation that the Fed will end its
quantitative easing program sooner-than-expected. The macro environment is
ideal for gold, with central banks across the developed world implementing
aggressive monetary easing measures. This should also benefit gold mining
companies such as Barrick Gold Corporation (NYSE: ABX), Kinross Gold
Corporation (NYSE: KGC), Goldcorp Inc. (NYSE: GG), Eldorado Gold Corp. (NYSE:
EGO), and AuRico Gold Inc. (NYSE: AUQ). Gold stocks ended mostly higher on
Thursday, tracking gains in the broad market. StockCall has issued technical
analysis and charting reports on ABX, KGC, GG, EGO, and AUQ. Download these
free reports now at

http://www.stockcall.com/todaysopinions

Shares of Barrick Gold Corporation shares edged higher in trading on Thursday.
The stock touched an intra-day high of $27.43 before paring some of the gains
to finish the day 1.16% higher at $27.01 on above average volume of 15.83
million. Despite yesterday's gains, the stock is still down nearly 7% in the
last three sessions. Year-to-date, Barrick Gold's shares have fallen more than
22%. The stock's MACD has just crossed below the signal line, which is a
bearish signal. Download the free research on ABX today by registering at

http://www.StockCall.com/ABX040513.pdf

Shares of Kinross Gold Corporation also rose more than 1% on Thursday. The
stock closed 1.42% higher at $7.15 on above average volume of 13.73 million.
It touched an intra-day high of $7.27. The company's shares are still down
more than 9% in the last three trading sessions. The stock rebounded yesterday
after finding support at around $7. Kinross Gold are trading well below their
50-day and 200-day moving averages. Sign up and have access to our free report
on KGC at

http://www.StockCall.com/KGC040513.pdf

Shares of Goldcorp Inc. rebounded sharply yesterday after touching a 52-week
low of $30.62. The stock ended the day 1.12% higher at $31.57 on above average
volume of 7.62 million. Goldcorp's shares have fallen nearly 5.60% in the last
three trading sessions. The mining company's shares fell below $32 support
level this week, which is a bearish signal. The stock's MACD has crossed below
the signal line, which further confirms this bearish trend. Sign up and read
the complimentary report on GG at

http://www.StockCall.com/GG040513.pdf

Another gold stock that rose sharply on Thursday was Eldorado Gold Corp.
Shares of the gold mining company rose to an intra-day high of $8.30 before
paring some of the gains to finish the day 1.48% higher at $8.21 on above
average volume of 7.55 million. Eldorado Gold's shares have fallen nearly 36%
so far in 2013. The stock recently fell below $9.50 support level, which is a
bearish signal. The free report on EGO can be downloaded by signing up now at

http://www.StockCall.com/EGO040513.pdf

Shares of AuRico Gold Inc. rallied in trading on Thursday. The stock closed
5.83% higher at $6.17 on above average volume of 3.47 million. It touched an
intra-day high of $6.21. AuRico Gold's shares wiped off all of their losses
from the previous two trading sessions as a result of the rally yesterday.
Year-to-date, however, the stock is still down more than 24%. Free report on
AUQ can be accessed by registering at

http://www.StockCall.com/AUQ040513.pdf

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