SIMPLE IS AS SIMPLE DOES
We have been analysing the Devil out of this Convoluted serpentine complex maddening almost 3 year pattern in gold .
Bulls and bears alike have been tortured by seeming false breakouts and wild seemingly random twists and turns .
Forks and Fibos , Waves and Patterns , Overbought and Oversold , Cycles and momentum , sentiment and manipulation
And now from the Undecipherable out steps the most perfect basic simple pattern one could ever find .
Is it really this simple ?
Gold Monthly (Note the symmetric fails in the middle) (note the TSI at the bottom)
Will February 2016 be THE Month we breakout or will we have a 8th reversal point on this simplest of charts ?
It IS Leap Month …So I am betting the former !