If you look behind the left rear wheel, you'll see the side of the tank - sort of square on the side with rounded corners. In the middle of it is the round sender. Yes, it's in the middle, so if there's a half tank or more of fuel, you've got problems. The sender has two wires to it. One is for the level, the other is for reserve light. There is no ground wire - the tank is grounded. If you ground each wire one at a time - you don't have to take them off - one will make the guage read full, the other will turn on the low level indicator light in the speedo. If both those happen, then your sending unit is bad. 9 out of 10 have a rusted sender, the float is steel. Once you've pumped out most of the gas, you can unbolt the sender and replace. The sender is made of white metal, steel, copper, and who knows what else. They all rot differently to stop the arm from moving.
Phil.