Gold Price Targets Key Resistance Zone Near $4,590

Gold's price has staged a strong recovery from its September 2 low of $4,329.20, reaching near $4,527 and reclaiming the daily VC PMI mean at $4,509.

The market structure has shifted from defensive to cautiously bullish, with immediate resistance at the daily Sell 1 level at $4,590, closely aligned with the weekly VC PMI mean at $4,593.

Traders are advised to avoid chasing strength directly into this zone, as a confirmed breakout and close above it would invalidate the reversion setup and open the door toward daily Sell 2 at $4,641, followed by weekly Sell 1 near $4,692.

The first significant support is daily Buy 1 at $4,458, followed by weekly Buy 1 at $4,432, defining the preferred correction-buying zone within the recovering trend.