In our March issue of The Warrant Report we stated, “…Actually now, gold (and somewhat silver) are short-term overbought and a reasonable pullback, possibly down to the $1270 and $20.50 range should not be unexpected…”
Gold did make it down to $1276 and silver to around the $19.70 range.
Gold has subsequently bounced back up and closed on Friday, April 4th at $1302.30 and silver at $19.96.
Read The Full April 2014 Warrant Report Here