Gold futures continue to trade within a structured bullish recovery phase, with price currently stabilizing above the VC PMI weekly mean near 4839 and advancing toward the upper resistance bands. The market’s recent low at 4670 marked a key cyclical support aligned with Square of 9 harmonic geometry, completing a corrective phase and initiating a new upward momentum leg into the current cycle window.
Using the VC PMI framework, the weekly mean at 4839 remains the equilibrium pivot separating bullish from bearish sentiment. Sustained price action above this level confirms bullish price momentum, targeting the daily and weekly Sell 1 resistance zones. The first major resistance cluster comes in near 5130–5182, representing the daily Sell 1 and Sell 2 levels. A sustained close above these levels activates a continuation phase toward the weekly Sell 1 target at 5255 and ultimately the extreme weekly Sell 2 objective near 5530.
From a Square of 9 perspective, the recent pivot low at 4670 aligned with a 180-degree harmonic retracement from prior highs, completing a natural time and price correction. The subsequent advance reflects a 90-degree upward rotation from that low, projecting the current resistance band near 5130–5180 as the next geometric inflection point. If price achieves acceptance above this harmonic resistance, the next Square of 9 expansion phase targets 5255 and then the 5400–5530 region, where time and price symmetry converge.
Cycle analysis indicates that the market is entering a short-term acceleration window into mid-February, with volatility expected to expand as price approaches upper resistance. As long as holds above the VC PMI weekly mean at 4839, pullbacks should be viewed as corrective and opportunities to accumulate within the bullish structure. A failure back below 4839 would neutralize bullish momentum and shift the market into a broader consolidation range between 4564 and 5080.
Momentum indicators remain neutral to slightly positive, suggesting accumulation rather than distribution. This supports the probability of an upside breakout once resistance levels are tested multiple times within the current cycle phase.
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Disclosure: This report is for educational and informational purposes only and reflects market analysis using the VC PMI methodology, time cycles, and Square of 9 geometry. It is not a solicitation to buy or sell futures, options, or any financial instrument. Trading futures and leveraged markets involves substantial risk and may not be suitable for all investors. Always use proper risk management and consult a licensed financial advisor before making trading decisions.
