Gold Prices Surge Toward $4,581 Target After Rebounding From Recent Low

Gold prices have rebounded sharply from their recent low of $4,365.50 and are currently trading near $4,482.

This recovery has carried price back above both the VC PMI Weekly Mean at $4,437 and the VC PMI Daily Mean near $4,461, shifting the short-term bias toward the sell-side targets.

The immediate upside objective is to break through the resistance cluster at $4,500-$4,509, which would strengthen momentum toward Daily Sell 2 at $4,526, followed by the major Weekly Sell 2 objective at $4,581.