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Sunday, February 28, 2016 3:33:30 PM
If the gold miners are rolling over here, the first area of support would be around $17. I can see them easily doing a much deeper pullback if a D-decline in gold is about to get underway.
Virtually nobody out there is forecasting a deep pullback in gold and gold stocks. A perfect setting to do just that.
Those who follow the Aden Sisters and their proprietary A-B-C-D cycle understand the implications of deep D-declines.
A deep D-decline could undoubtedly test the lower rising fork support line, down in the $14's.
note is from 3eye or Bob
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