I must admit there seems to be some conflict here.
GannGlobal suggest a huge commodity upswing here and I can see their logic and yes they point to what I see as failed breakdowns. Failed breakdowns are super bullish. Typically a H&S pattern (the worst to follow) that breaks back up is a much better indicator.
Yet I wouldn't be surprised to see gold fall $100 bucks.
My monthly view of BHP etc. suggests a weak momentum high conducive to a decent down move. That fits with my view of a multi year sideways action (maybe a decade)for the big miners but doesn't rule out some slight upward action but no huge upside.
If Gannglobal is correct then copper prices will not only make new all time highs, they will do it with all time highs in reserves or stockpiles.
Seems hard to reconcile.
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