GORO - Sector: Basic Materials---Industry: Gold

[hectorgr]

Gold broke 1447.30 resistance on April 5th., but GORO needs another 53 cents to BO
with nice uptrend.

Let´s wait and see how Gold opens in Far East considering US Budget approval .

Anyway GORO is showing high CCI,  RSI 52.5 is OK - fast STO also high and on friday broke upper BB

GLTA

[la-onda]

 
reason for latest chart action & rebound:

Gold Resource Corporation's CFO Steps Down
Tuesday , April 12, 2011 06:22ET

DENVER, April 12, 2011 /PRNewswire/ -- Gold Resource Corporation (GORO) (NYSE Amex: GORO) today announced the acceptance of its CFO's resignation who has taken a full-time position with another company. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico.

Gold Resource Corporation's management would like to personally thank Mr. Monty Jennings for his years of excellent service as the Company's contract CFO and wishes Mr. Jennings well in his new full-time position with another company.

Mr. Jennings stated, "It has been my pleasure working with the Company. I wish the Company continued success."

Gold Resource Corporation's CEO will be the interim CFO until a replacement CFO is found.