Today’s Gold tout goes into considerable detail in describing a limited number of scenarios that could play out in the days and weeks ahead. I’ve included a straightforward chart that I would urge you to study closely as you imbibe the possibilities I’ve spelled out.  If there’s a payoff for your efforts, it is likely to come in the form of your complete readiness for whatever happens as the markets transition into 2012 and the oft-volatile month of January.

Also, and for the record, I am hereby ‘decoupling’ from the largely unmodulated ideas of the bullion world’s most revered preacher, Jim Sinclair, since there is that possibility that his stratospheric predictions will prove to be wrong. I will keep an open mind as always, but from this point forward, gold will have to prove to me each step of the way and on a strictly technical basis that it is indeed going much higher before I tell you so.