Gold has fallen further, finding support exactly at our target that we identified yesterday at 1735. We are starting to see what could be the beginnings of a pivot, with a green triangle on the KRI suggesting we are finding support at this level. The Kovach OBV is very bearish, but has flatlined a bit which may indicate that the bleeding has stopped for now. If we do pivot from here, the mid 1700's should provide resistance with 1777 a likely ceiling for now. If we collapse further, we could find support at the base of the 1700 handle.
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