Gold Tests Higher Levels

Gold has made another run for hgihs, but is facing resistance at 1826. Several red triangles on the KRI are suggesting resistance here. The Kovach OBV is strong, but has leveled off, suggesting momentum may have petered out for now and we are likely to see further resistance from 1826. But if not, 1836 is the next target. We should see support from 1815, but if not, then there is a vacuum zone down to 1795. It is likely that gold will range between 1815 and 1826.