The Dollar And Interest Rates Surge Again…Overdone???

Interest rates and thd US dollar surged once again, but some short-technical inicators hint of a potential pause in momentum. Gold futures for example, look to be extending within a 5-wave decline and despite Thursdsay's solid decline, daily RSI is showing potential bullish divergence. That said, gold will have to a need a recovery of some kind on Friday to confirm the potential end of aggressive weakness in the yellow metal. The EUR/USD is in a similar position and the pound just today registered oversold for the first time in months. Meanwhile, interest rates have soared which has triggered an extreme (oversold) reading in US 10-year futures.