Gold Prices Reach $4,527, Targeting $4,590-$4,641 Resistance Zone

Gold prices have rebounded from their September 2 low of $4,329.20 to trade near $4,527 as of September 4.

The recovery has reclaimed the daily VC PMI mean at $4,509, shifting the market's structure from defensive to cautiously bullish.

Traders are advised to avoid chasing strength directly into the $4,590, $4,593 resistance zone, which is closely aligned with the weekly VC PMI mean and daily Sell 1 level.

A confirmed breakout above this zone would invalidate the immediate reversion setup and open the door toward daily Sell 2 at $4,641, followed by weekly Sell 1 near $4,692.