Nah, I'll stick to calling them squiggles. It's more entertaining.
There's a place for TA, but I don't see why I would make an investment decision based on a three/six/any month downtrend when the real money to be made lies in the answer to the question of what's in the ground. The same goes for an up trend.
Last time I checked gold doesn't appear in the ground because a chart says a breakout upwards is about to occur, nor does it disappear because the chart says the opposite.
Ann: RC Drilling Commences at Strelley Gold Project - Pilbara, WA, page-238
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