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Re: DiscoverGold post# 38028

Thursday, 11/24/2016 8:51:46 AM

Thursday, November 24, 2016 8:51:46 AM

Post# of 43386
Martin Armstrong: Gold Update

* November 23, 2016

Gold has broken key support and it is following the pattern we set forth during the summer. The main bank of technical support lies at 1130. Breaking the 1201 level is significant and now support lies at 1179. Breaking that level will confirm we should break the 2015 low and breach under $1,000. We will be providing the written report for gold targeting the low as we move into 2017.

We we warned at the WEC, gold was headed sharply lower and it may very well break the $1,000 psychological barrier for 2017.



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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
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