Short Term Rally
This most recent rally has a lot of us gold bulls wondering if we might see a short term correction here pretty soon. I thought this little paragraph from Rick's Picks had a good insight into that question:

As a practical matter, the best we can do for now is monitor gold and silver prices very closely whenever they reach our proprietary rally targets. Our current forecast leaves room for both to achieve at least somewhat higher highs before there’s reason for caution. (If you are not a subscriber but would like to access Rick’s Picks’ precise numbers and detailed trading instructions, click here for a free trial to the service. And if you want to learn more about our forecasting technique itself, click here.) As always, if the price targets should be easily exceeded, that will allow us to stick confidently with the trend. It is only when the corrective selloffs overshoot their respective targets that we might raise a yellow flag. So far, however, sellers have been unable to push either gold or silver beyond the midpoint of corrective patterns, and that is why we continue to urge subscribers to stay aboard.