Gold Falls Short of $1836

Gold has found resistance at 1836, exactly as we anticipated in these reports. We have since retraced back to support at 1826, the next level down, after testing 1815 and finding support just above this level. Two green triangles on the KRI suggest strong support at 1821 or so. The Kovach OBV was pretty strong, but has leveled off in tandem with gold's top. From here, we are likely to establish value between 1815 and 1836. Note the vacuum zone below 1815 to 1795, which was a previous value area. If support does not hold at current levels we will surely test this value area once again.