generated a potential bottoming candle on the daily chart. This could signify a short term bottom, especially if it gaps up tomorrow. The March pattern so far is a slightly smaller fractal of its December pattern. If the pattern holds, gold should start to move up soon - perhaps as early as tomorrow.

Still, the overall picture is a massive consolidation pattern - probably lasts at least until summer. I think it is basing for a big move up in the second half of the year. If that happens, there's a good chance the gold stocks will finally join the party.