The above Daily chart of GLD provides some precautionary hints against jumping on the Gold bandwagon right now. The software is counting 5 waves up along with a divergence on the Elliott Oscillator (annotated above). In addition, the False Bar Stochastic is just a few days away from a Sell Signal setup.
On the other hand, the only argument left is the only one that really matters, GLD is clearly in an uptrend. Bullish on Gold, but on guard for a change-in-trend.