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Gold Update Video: Classic Bullish Weekly Crossover?

A huge break in the markets and options expiry now done out of the way on Friday, the FOMC is coming up and more... Gold's monthly trend is up, but remains stuck in a sideways market. The weekly gold chart could get a classic bullish set-up if the 18-week moving average crosses over the 100 week moving average -- which is already above the 200-week moving average:

 

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