Nearly back to the April 2013 gap down of 32.20 for the 4th time. Once the gap is filled and moving up price should take out that 2013 drop rather quickly and head to 40 for starters. Gold is also in month 18 of its current 21 month cycle. These 21 month cycles have been pretty regular since 1999. Enlarge to a 9-10 yr chart to view the big picture.