Trading is still dangerous until gold takes out $1,337-$1,348 and therefore invalidating the correlation pattern between the 2000 chart and now.
Miners are going to gap up sharply this morning, and I would consider waiting for better prices or a pullback to enter positions. I don’t see this as a time to be fully invested in metals and miners. That time will come after the correlation chart and head-and-shoulder topping patterns are invalidated.
If miners open high (gap -up) but close below the open that will be a negative sign. If miners begin high and continue higher throughout the day, that will be viewed as a bullish signal.