It finally happened: gold made new all-time highs. During the overnight trade, December gold futures traded to $2000 an ounce. The big question is what will happen from here. The overnight action was extremely volatile and as of this writing gold about flat. All signs point to the rally continuing, although a pullback would be no surprise. As we have written every day, the pattern is bullish gold should make new highs; nothing has changed. Until the pattern shifts direction, we are buyers. Support is expecting gold to continue to rally. We are now targeting $2250 December gold futures. Silver has been a monster as well and reached our first target of $25 per ounce September futures. The overnight high was $26.27; our new target silver is $30 an ounce September future. Like gold, the overnight high silver has brought sellers, which is extremely healthy for the market. In up trending markets pullbacks to support our opportunities to buy. Bubba Trading Technomental Report By Todd 'Bubba' Horwitz