have extended their recovery, rallying to approximately 4,198.60 after establishing an intraday low near 3,955.40 earlier in the trading cycle. The advance has carried prices decisively above the Daily VC PMI Mean Price ($4,100) and the Weekly VC PMI Mean Price ($4,103), confirming that bullish momentum has regained control in the short-term.
The next important resistance levels are the Daily Sell 1 level at $4,174, followed by the Weekly Sell 1 level at $4,231. As the market approaches these objective VC PMI supply zones, traders should expect increased volatility and profit-taking. Historically, once prices reach the Sell 1 and Sell 2 levels, the probability of mean reversion rises significantly, making disciplined risk management essential.
From a Square of 9 perspective, the current advance is approaching a harmonic resistance window where price and time begin to converge. This alignment suggests that while momentum remains positive, traders should avoid chasing strength directly into resistance. Instead, monitor for either a confirmed breakout above Weekly Sell 1 or a retracement back toward the Daily Mean Price, where fresh buying opportunities may emerge.
The current cycle structure also supports a bullish intermediate-term outlook. Gold is progressing through an important seasonal phase in which shorter-term cycles are aligning with the larger annual cycle. The primary cycle dates to monitor are:
- July 8–10: Potential momentum acceleration or exhaustion window.
- July 15–17: Intermediate cycle pivot.
- July 24–26: Possible completion of the current advance or beginning of the next corrective phase.
- Month-end (July 30–31): Watch for confirmation of trend continuation into August.
As long as prices remain above the Weekly VC PMI Mean Price near $4,103, the bullish trend remains intact. Pullbacks toward the Buy 1 and Buy 2 levels should continue to be viewed as opportunities to establish or add to long positions, while rallies into the Sell 1 and Sell 2 levels warrant scaling out of profitable trades and tightening protective stops.
The combination of VC PMI, Square of 9 harmonic resistance, and time-cycle convergence continues to provide a disciplined framework for identifying high-probability trading opportunities while removing emotional decision-making from the process.
Disclosure: This report is for educational and informational purposes only and should not be considered investment advice or a solicitation to buy or sell futures, options, ETFs, or any financial instrument. Trading futures and leveraged products involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. The VC PMI and Square of 9 methodologies are probabilistic analytical tools designed to identify high-probability price levels and should always be used in conjunction with prudent risk management and independent financial judgment.
