Gold Teeters on Edge of Mean-Reversion Rally at Crucial Support Zone

Gold prices are trading near $4,353 after a significant decline from the recent high of $4,460-$4,480. The current price action suggests that the bearish trend remains dominant.

The 15-minute chart confirms that gold is below both the Daily VC PMI mean of $4,426 and the Weekly VC PMI mean of $4,593. However, gold is now entering a crucial cluster of VC PMI support levels where the probability of a mean-reversion rally increases.

According to VC PMI methodology, reaching Buy 1 historically identifies a high-probability reversion toward the mean, while Buy 2 represents a more extreme level of price displacement. The market's recent low of approximately $4,350 indicates that buyers are beginning to respond above this support cluster.