I think the gauge itself is bad , the IVR is working when you touched that gas gauge post on the back of the panel and test light blinked , the other post on the gas gauge is hooked to the tank , so if you ground that post and the gauge still does not work its the gauge , but when you do ground it you have to wait a few seconds for it to work , the reason is they have a small coil of wire wrapped around a bi metal spring , when the wire heats up the spring bends and moves the needle on the gauge , the max voltage these gauges should ever see is 5 volts , (that what the IVR is for ) I think I have a early gauge that will work , I see I can dig it up for you ,, the problem is that the old IVR is a mechaical type of unit , if one thing goes wrong in it the gas gauge will be damaged , around the 80s ford got away from that type of set up , I see quite a few other people here have the same problem and do not know where to look and how to fix it , the next thing I am planing on doing when I finish my rear end ratio change is to do a write up with photos on the pinto fuel gauge, repair and fixes with much need adjustments for correct tank readings , also the last test on the gauge it see if its any good it has to be removed , then take a 9 volt battery out of a smoke detector and jump a wire from each post of the fuel gauge , and touch the post on the battery and watch the gauge , if it does move to full remove wires , the gauge is good , if not the gauge is bad , hope this helps