I am a bull in like Gold , Oil , Copper .
Despite mass belief, divergences don't signal trend changes (that is why people say they don't work, because they use them wrong), they signal corrections. Right now there are very strong divergences on the weekly chart (not confirmed yet as the impulse is still red) that tell me it's time for a rebound. Add the negative sentiment and here you have a completely legitimate trade.
I outlined on the chart my technical reasoning. I am looking for a rebound to the 42-44$ area, which is where my Wave will be, the upper of the , the first strong and the last congestion area.