April 3, 2020 (Gold Market Wire) - Gold has a target now - the intraday high of $1617.70 - which is right where our downtrend comes in. It's a decent challenge, and set's us up for length if we get a close over.

Gold's been pivoting around our old friend $1595 for a long time, and a break one way or the other is due. Over the past 8 sessions the lows have been getting higher -so its at least one plus in the direction of higher prices in the short term.

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Friday's always bring out the 'best' in the markets, so the challenge is on. If we can get some consistent action over the target - a spec long will be in order, probably on the Market Close.