The timing models have been pointing to May 2016 ever since and we first elected a Quarter Buy Signal at the end of 2015. Since then gold has been electing various Weekly Bullish Reversals and as of Friday, it has elected its third Monthly Bullish Reversal. The hope of the global trend coming to an end here in 2016 has been negated by the immediate rally, but also evident by the prolonged trend for the Euro as well taking much longer to retest resistance. This too only prolongs the inevitable.