Yes, there will be bumps along the way,
and I will probably take some profits and buy dips in between.
The long term fundamentals are as strong as can be.
But, trading has always been about finding technical entries.
the only reason fundas would remain in dormant is because the big banks have a vested interest in metals staying lower. They can make money in Forex and stocks so why wouldn't they supress commodities? At the same time however, $50 was a huge resistance in 1980.
Also, a 61.8% correction is nothing out of the ordinary. Still very bullish trend long term.