I understand where you're coming from and agree with that premise, but I feel we may have a little more upside left before that pattern takes hold. As posted a while back I have an outlook similar to yours and based on past performance in this peaks & valleys chart #msg-6205994
How far we get, I am not sure. I would like to see a minimum of Gold $435... Of course I would like to see the shares lead the price into that zone.