David Fuller's view Nickel - This is a strong rebound from the rising 200-day MA, indicating completion of a lengthy platform of support. A brief consolidation above the psychological 20,000 level suggests than nickel is unlikely to encounter any additional resistance of consequence from the August high. A close back beneath 20,000 would be required to delay higher scope beyond a brief pause.

Copper - Here also we see an impressive rebound from the rising 200-day MA. If copper can now retain at least half of this month's gains during a consolidation, we should see a further challenge of recent and historical resistance above 350¢ in coming weeks.

Silver - This volatile metal has pushed back above its MA and has so far held over half of the recent gains during a consolidation of this month's bounce. A close beneath $15.65 is now required to question the present outlook for sideways to higher ranging.

Gold - Despite a significant correction following a overstretched short-term advance in November and early December, gold has remained above its medium-term trend mean, represented by the rising MA. A break above this month's earlier rally highs by a close over $1135 would provide additional evidence that demand is regaining the upper hand.