Is status level determined by sector, or date?

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I will be flying MCY-MEL via SYD in a couple of months, and in doing so, will reach Gold status after the SYD-MEL sector.

Thinking about it now, if I were to fly before then I could technically reach Gold status after flying the MCY-SYD sector instead. To me, this means that the credits earned for the SYD-MEL sector should count towards the new qualification period and make it easier to requalify for Gold 12 months later, but the best info I can find on the Velocity website suggests that status credits are earned by date. I cannot find specific info in the T's & C's or FAQ's that adequately explains situations like this, unless I'm looking in the wrong spot.

Can anyone confirm whether status level is determined by credits earned by sector, or by date? Thanks in advance.
 
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Checking whether you go up a level is done once a day. So all status credits earned on a particular day belong to the same membership year.
 
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