Gold Market Hits Critical Pivot as $4,213 Target Looms

The gold market has reached a critical pivot point after completing a sharp five-day recovery from its recent low of $4,011.1 to a high of $4,180.2.

The current price near $4,103 has moved the VC PMI below both the daily mean at $4,118 and the weekly mean at $4,114, placing the market in a short-term bearish-neutral configuration.

A decisive breakout above $4,180 would expose Daily Sell 2 at $4,213, followed by Weekly Sell 2 at $4,240. These targets represent areas with high probability of reversion toward the mean, but also come with increased risk.