Stocks and bullion are moving in lockstep these days, and so my expectation of imminently higher share prices extends to gold as well. The March contract would become significantly more attractive if and when the rally surpasses the external peak at 1645.80 highlighted in the chart.  This seems like a good bet right now, given that yesterday’s high somewhat exceeded a minor ‘D’ target at 1624.60 flagged here earlier, putting into play a 1646.20 target.