GC1! Gold is oscillating just north of the intraday pivot, testing the market’s resolve ahead of two powerful time signatures—the 30-day trading rhythm and the 360-day Gann cycle. The 30-day rhythm has been right-translated this month: momentum pushes have carried farther than pullbacks, with buyers repeatedly defending the 3711–3698 buy band and forcing price back toward the 3726/3727 ceiling (VC PMI Daily/Weekly Sell-1). As long as the tape holds 3711, the path of least resistance remains a grind higher inside this compression, with quick mean-reversion tags into 3698 when momentum briefly slips.
GCV2025 Upper bound ER: 3760.08 Given gold’s strong rally, a pullback is both expected and healthy. If considering a short, it makes sense to wait for price to reach this upper boundary.