Gold Bulls Target $4,788-$4,895 as Price Tests Daily VC PMI Mean

Gold futures are currently trading near $4,675 after advancing from their five-day low of approximately $4,506 to a high of $4,755.

The market is testing its Daily VC PMI mean near $4,674, making this equilibrium level the immediate pivot for the next directional move.

A sustained acceptance above the mean favors a continuation toward Daily Sell 1 at $4,710, followed by Daily Sell 2 at $4,767.

Weekly targets become increasingly important above these levels, with Weekly Sell 1 at $4,788 and Weekly Sell 2 at $4,895 representing major upside resistance and profit-taking zones.