Dec22 quarter predictions, page-29

Hey Gwaihir,

I agree. A precious and base metals TA, Jim Wyckoff, whom I follow regularly has made the following commentary re Cu overnight move:

March N.Y. copper closed up 490 points at 407.60 cents today. Prices closed near the session high and hit another 6.5-month high today. The copper bulls have the firm overall near-term technical advantage. A three-month-old uptrend on the daily bar chart has been restarted.
Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at 425.00 cents. The next downside price objective for the bears is closing prices below solid technical support at 380.00 cents. First resistance is seen at 410.00 cents and then at 415.00 cents. First support is seen at 400.00 cents and then at this week''s low of 392.35 cents. Wyckoff's Market Rating: 7.0.
With Au starting it's bull run we can look forward to a good run in AIS sp this year. The last 12 months have been a painful hold for me. My av sits at 71.7c. However, I always thought the AIS fundamentals were strong. I think that these will manifest themselves in the sp this year.