GCV2025 If you absolutely must take a short, consider eyeing the 3803–3804 zone — but make sure: it’s the October futures contract, not December. This level is calculated using the Expected Range (ER) formula, based on data from the CME exchange.
Levels derived from this formula have a strong historical hit rate across a wide range of financial instruments.
We publish a weekly recap of ER performance in our channel — showing how these levels played out over the past week.
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.