It feels as if it’s been quite some time since gold (GLD) was a sure-fire winner. Since putting in its 2012 high at $1,800 in the first quarter, gold has thus far been unable to break out above that resistance after three attempts — even with the aid of QE3 and additional treasury purchases.
Long gone are the days when even a hint at further easing on behalf of a major central bank sent the metal soaring a few percentage points……………………………………..Full Article: Source