the primay trend that reversed at $1920 would have completed its 0.618 % retracement at $1586. the secondary trend which reversed at 1557 has already completed it 0.38 % retracement at $1445. so all the trend will be bullish after $1586. if gold touch the price of $1586 after breaking all resistance in its path than it means recession has come in simple word economic crisis 2020 and gold is ready to touch $2000, $3000 and $4003