Gold has pushed further ahead since the FED rate increase, hitting resistance on the 50w sma..

Gold has pushed further ahead since the FED rate increase, hitting resistance on the 50w sma. Weekly momentum remains bullish increasing.

MACD formed a bullish up-cross during mid-Q1 with an expanding positive histogram. The histogram recommenced bullish expansion a couple weeks ago after initial negligible movement. Stochastic formed bullish higher-low's since the start of the year and becoming oversold during mid-Q1. Continuing to ascend after recently dipping to form a bullish higher-low.

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