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anglo pacific group plc

Still Expecting $1700 Gold In March

Our cycle work maintains a bullish advance into March that should propel gold to approximately $1700 before the next meaningful correction.

Consolidation Nearly Complete

The mid-cycle consolidation that began in January is almost complete. Some consider this a running type because of the upward bias (similar to July), I agree. A daily close above $1600 in the coming days will trigger the next advance to around $1700 before prices enter a more severe correction.

Anglo Pacific Group plc (LON:APF) has a 2.5% life of mine NSR royalty on the El Valle-Boinàs/Carlés gold, copper and silver mine owned by TSX-listed Orvana Minerals Corp.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.