Gold Dips, Finds Support at Our Levels as Expected 😎
Gold has traversed the vacuum zone below and tested 1795 yet again, exactly as we have anticipated. From here, we got a nice pivot, and are currently in the middle of the value area between 1795 and 1815. From here it could go either way, but safe haven outflows may suggest we test lows again at 1795, the cluster of levels in the 1780's or 1777. The Kovach OBV has taken a sharp turn downward with the dump from 1826, and the small pivot we are seeing has not been enough to budge this indicator. But if we do make a run for higher levels, watch 1815 and 1826 for resistance.
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