Who Will Be Last to Board the GLD Train?

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Precious metals fans are excited today, and rightly so. Everything shiny is up – GDX, GLD, SLV – you name it.

But I wouldn't be playing my role if I didn't point out one important thing – the last time GLD did a breakout from a similar pattern, it rose for the day after and then promptly fell to pieces. Just keep this in mind before counting on your profits when gold soars to $3,000/ounce.