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Well this is going to sound rather silly, but no less confusing.
I've just gone and had a really good look and feel of the gauge, looking for any screwdriver slot, or knob for adjusting: and I was about to give up having found nothing when I discovered that the plastic "glass" at the front will pull off. (Without anything escaping :-) )
The red hand isn't a hand at all but is painted on the glass ! Along with a green triangle that matches the one on the back behind the real black hand. Ok so it can be ignored. But I don't know why it, a red hand, is painted there at the low end of the green bit; nor why I didn't get concerned in past years about it.
Anyway the gurgling sound can be ignored.