nickel price has found a base, upturn coming

Support (manmetals.com)is at $10,000 usd p/t & Nickel has been quite happy $500-$1000 above this support for the last few weeks.
It looks like Nickel has been oversold(base metals & precious also in general) & could quite easily top $12,000 usd p/t in the coming weeks/months.
Fundamentals in general for metals still look great & for nickel especially.
Don't believe any chinese officials knocking metal prices. They have to buy the stuff whether they want to or not.
As it is growth is strong around the world(why else would interest rates rise?).
History shows Base metal prices increase in times of rising interest rates. At the beginning of the rises base metals rise the most.

Cheers,
Tom.