Gold Builds Energy Near $4,070, Targeting $4,200 Harmonic Extension

Published 09/10/2025, 16:29
Updated 09/10/2025, 16:32

Gold futures continue to maintain a dominant bullish posture as the market consolidates just above the $4,050–$4,070 range. This structure reflects a strong mean-reversion rhythm centered around the VC PMI Daily pivot of $4,053, where equilibrium between buyers and sellers defines short-term balance. The market’s ability to remain above this level confirms that the underlying momentum remains constructive, even as near-term indicators suggest a temporary cooling phase before the next expansion leg.

Gold Futures Chart

The Buy 1 Daily ($4,024) and Buy 2 Daily ($3,978) levels define the current reversion zones where renewed accumulation is likely to appear if volatility expands lower. This structure aligns with the broader Weekly VC PMI ($3,873) and the Buy 1 Weekly ($3,822) levels, creating a robust support cluster extending from $3,735 to $3,978. Such a layered support band has proven critical in prior cycles, and its preservation signals that the market’s internal structure remains firmly bullish.

On the upper side, the Sell 2 Daily target of $4,128 represents the key resistance area where profit-taking or short-term reversion trades may emerge. If price action decisively breaks through this barrier, it would trigger a geometric expansion move toward the $4,200–$4,260 range, as suggested by the Square of 9 harmonic projection. This price resonance is significant because it reflects both angular and time-harmonic symmetry from the September 2024 anchor cycle low, a foundational point in the ongoing 360-day macro advance.

The MACD (14,3,3) reading at -7.02 indicates minor divergence following a week of steep price appreciation from the $3,842 low. This deceleration in momentum typically signals consolidation rather than reversal, especially in the context of a bullish intermediate trend. The short-term cycle structure suggests the market is entering a pause phase, where prices oscillate between $4,024 and $4,081 before resuming the dominant upward path into mid-October.

The 30-day Gann cycle aligns with this projection, showing the potential for a momentum peak between October 15–16, after which a mild reversion could unfold before the next advance into early November. The 360-day cycle continues to project strength into Q1 2026, with long-term Fibonacci and harmonic extensions targeting $4,400–$4,500 as potential macro objectives.

Gold Futures - Gann Cycles

In summary, gold remains in a bullish mean-reversion uptrend, oscillating around the VC PMI pivot while building energy for a potential breakout. As long as daily closes remain above $4,024, the bullish bias holds. A close above $4,128 would confirm a new expansion leg, setting the stage for a continuation toward the $4,200 harmonic resonance and beyond.

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