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Gold futures are trading at $3,668, down 0.38% after peaking at $3,715.2. This is highly aligned with Sell 1 Daily ($3,703), Sell 2 Daily ($3,724), and Sell 1 Weekly ($3,704), producing a textbook mean reversion setup. The rejection signals exhaustion and confirms a short-term corrective phase, with immediate downside focus on $3,656 (Buy 1 Daily) and $3,620 (Buy 2 Daily / 61.8% Fib).
The VC PMI Daily Pivot ($3,681) remains the near-term fulcrum. Sustained closes below this pivot confirm bearish-to-neutral bias, while a decisive recovery would shift momentum back toward $3,703–$3,724. The Weekly Buy 1 ($3,605) and Weekly Mean ($3,554) form deeper structural supports and potential cycle test zones.
Gann 30- and 360-Day Cycles
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The 30-day cycle peaked in early September (Sept 9–11), matching the $3,715 top. This points to a short-term down phase into mid-September.
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The 360-day master cycle, anchored at Sept 28, 2024, projects another significant window into late September 2025. Current weakness may be setting up a cycle low near $3,554–$3,605 before the next advance.
Square of 9 Confluence
Using the Square of 9 spiral wheel, key rotations from the $3,339 anchor pivot (June 2024 low) align with the recent price action:
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$3,715 plots as a 360° (full rotation) advance on the Square of 9, underscoring its importance as a resonant top.
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$3,620–$3,605 projects as a 270° rotation level, harmonizing with both VC PMI Buy 2 Daily and Weekly Buy 1. This strengthens its probability as a support/reversal zone.
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$3,554 aligns with the Square of 9 180° rotation, marking it as a major reversion magnet in sync with the Weekly Mean.
Outlook
The combination of VC PMI signals, Gann cycles, and Square of 9 geometry points to continued pressure into the $3,620–$3,554 zone, where strong harmonic support resides. A close below $3,554 would break the square and expose deeper weakness, while stabilization above $3,605 could mark the cyclical low before the next rally leg. A recovery above $3,681 pivot is the trigger to resume bullish momentum toward $3,703–$3,724 and beyond.