GOLD

GCZ20

Like the Oil, Gold is caught between two major levels, on the bottom it is 1850.00, this is 23.6% back to the 2015 low and 38.2% back to the 3/16/20 low. On top is 38.2% back to the all-time high, this is 1942.00. This range can continue for another few weeks. Once they can get a couple solid close's above 1942.00 the target area will be 2020.00 a major Gann square and  2040.00, this is 78.6% back to the all-time high. With a couple close's below 1850.00 the target is 1700.00, this is 38.2% back to the 2015 low and 61.8% back to the 3/16/20 low.