Looking at the gold chart, you see the move from the most recent bottom at the end of January to yesterday’s interim high at just about $200 from $1780 to $1980. How much of a pullback did we get? $100 dollars from top to bottom, a 50% retrace, to $1880, right where you find support at the November high and all in one day. Gold can now go back to slowly, climbing higher. Silver’s trading has been a little more complex with corrections during it’s rally, most recently starting from $23 almost two week’s ago it rallied to $25.70 having blown thru it’s 200 day and peaking above resistance at the $25.50 area. Whenever you see fast big moves up in a single session, you can be pretty sure the bankers are waiting to strike by selling massive numbers of contracts to drive the price back down. Criminal and frustrating, but the highs are higher and the takedown lows are also higher. The trend higher remains intact. When I posted my targets for Silver, earlier this week, I said it would be a slow climb over the month of March with the one dollar round numbers being ticked off each week so as to get us to $28 by around March 18th with the rest of the month to reach $30. Yesterday’s action changes nothing.