Gold Finds Support

Gold has given up the value area between 1795 and 1815. We have fallen back from 1795 to find support in the 1770's as we anticipated yesterday. 1789 and 1784 attempted to provided some support, but we have settled at 1777. Watch for gold to make another run for relative highs at 1795. However, the Kovach OBV has dipped notably, so be careful of lower levels. We will find further support at 1770, then there is a vacuum zone to 1759.