Gold Holds VC PMI Support as Logarithmic Analysis Eyes $4,524 Target
Gold prices are maintaining key VC PMI support levels, with logarithmic cycle analysis pointing toward long-term targets between $4,524 and $4,648.
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David Chen · Commodities Desk · 16 Aug 2026 · 1 min read
Gold prices have successfully maintained support at the VC PMI level, according to recent market technical analysis. Analysts utilizing logarithmic cycle projections have identified upper target ranges between $4,524 and $4,648 for the precious metal.
The technical outlook highlights sustained buying interest at current support thresholds, though broader market participants continue to monitor macroeconomic factors influencing bullion prices.
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
David Chen
Commodities Desk
David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.
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