Gold

GCZ20

Gold remains in its trading range of 1850.00 ( 38.2% back to the 3/16/20 low) to 1942.00 (38.2% to the all-time high). They tested the lower end of the range on Thursday and a rally from there should take them up to the top end of the range again. If the 1850.00 swing point gets taken out look for the long term swing point at 1690.00, this is 38.2% back to the 2015 low, it is also 61.8% back to the 3/16/20 low.