quantguy

Gold Establishes a Range

COMEX:GC1!   Futures Oro
As predicted in these reports, gold has stabilized between 1936 and 1956. We have strong support from 1936 confirmed by multiple green triangles on the KRI, and formidible resistance above at 1956, also confirmed by red triangles on the KRI. There is a dense collection of levels above, which should provide prohibitive resistance for now. The Kovach OBV has leveled off and it will take sufficient momentum to drive through these levels.

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