Salient to Investors:

Dennis Gartman writes:

  • Understanding both market technicals and fundamentals is vital. When you both the technicals and the fundamentals are pointing in the same direction, you will probably succeed.
  • Always look at “box”, which  delineates the 50% to 62% retracement of the previous rally or big decline.
  • Gold started its climb from $275 twelve years ago and got close to $1920, so a 50% retracement takes you to about $1100, and a 62% correction would take you to $900.

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