Goldtent TA Paradise

#gold #firstmininggold #preciousmetals #bullmarket #correction #capitulation #reversal #shortsqueeze #bottombuilding #FF #FFMG

Despite the sharp rebound from the recent low at USD 3,870, gold stalled at USD 4,147, forming a small double top before selling off sharply over the last two days. Should today’s low at USD 3,925 hold, we see a good chance of a near-term bounce and recovery. That said, the anticipated bumpy multi-week bottoming process remains in progress.

https://floriangrummes.substack.com/p/gold-daily-call-for-november-12th-44b

#gold #firstmininggold #preciousmetals #bullmarket #correction #capitulation #reversal #shortsqueeze #bottombuilding #FF #FFMG

Gold has likely put in a bottom at USD 3,870 and is now staging its first bounce, which should reach the 50-MA. While the bottoming process may require a few more weeks until mid of December, January and February look set to be very bullish for gold, with at least a revisit of the 200-MA likely.

https://floriangrummes.substack.com/p/gold-daily-call-for-november-9th

#gold #firstmininggold #preciousmetals #bullmarket #correction #capitulation #reversal #shortsqueeze #bottombuilding #FF #FFMG

Despite already being overbought, gold pushed further to the upside this morning, reaching USD 4,146. The metal is now up USD 275 from Friday’s low, which looks like a short squeeze. We expect additional upside towards USD 4,186–4,225 at least. 

However, 4h-stochastic is overbought in the short term, and tomorrow’s NFP release could trigger a pullback. As long as gold holds above USD 4,050, the bounce remains intact.

https://floriangrummes.substack.com/p/gold-daily-call-for-november-5th-162

#gold #firstmininggold #preciousmetals #bullmarket #correction #capitulation #reversal #shortsqueeze #bottombuilding #FF #FFMG

Our bullish calls on Friday and Tuesday proved correct. Gold has staged a strong bounce following the midterms, directly reaching our target at USD 4,045. 

While further upside toward roughly USD 4,065 remains likely, short-term gains should now be protected as the 4-hour stochastic is becoming overbought.

That said, the expected bottoming process has delivered an important piece of the puzzle: the bulls are still alive, and the battle for USD 4,000 continues. As long as gold remains above USD 3,975, we expect additional upside in the short-term and have the falling 50MA as our next target.

https://floriangrummes.substack.com/p/gold-daily-call-for-november-4th-29c

#gold #firstmininggold #preciousmetals #bullmarket #correction #newlow #bottombuilding #consolidation #shortsqueeze #FF #FFMG

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It has been a wild few days in the gold market. While we were too optimistic on Friday as gold was hammered down to a new 13-month low at USD 3,870, yesterday’s and today’s action prove that the bulls are still alive. The case for a tricky bottom somewhere around USD 3,900 to 4,000 therefore remains on the table.

Nevertheless, gold has been selling off hard for more than 10 weeks, and reversing this downtrend will take time and considerably more effort from the bulls. At current levels, we do not see attractive risk/reward for initiating new short positions. Rather, gold could rebound & recover some of its lost ground at any time.

https://floriangrummes.substack.com/p/gold-daily-call-for-november-3rd-ed5

#gold #firstmininggold #preciousmetals #bullmarket #correction #newlow #bottombuilding #consolidation #FF #FFMG

Spot gold just made a new low at USD 3,929, breaking slightly beneath the summer lows. Our next target has been reached. We see USD 3,940ish as strong support and expect oversold metals to bounce late in the day. While a monthly close below USD 4,000 is probably unavoidable, sentiment is far worse than the price action suggests; after ten weeks of falling prices the metals look dead — but that’s exactly the contrarian opportunity….

https://floriangrummes.substack.com/p/gold-daily-call-for-october-30th-40b

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #oversold #patience #SLVR #SLVTF #SLV #PSLV ??

Unlikely gold, silver never tested our bias level at USD 55.50 yesterday; instead, it drifted lower. It is now trading at its lowest point in 11 months. Consequently, we have moved our bias level slightly lower, but we continue to expect a tricky bottoming process around USD 50 over the coming weeks.

https://floriangrummes.substack.com/p/silver-daily-call-for-october-29th-2f2

#gold #firstmininggold #preciousmetals #bullmarket #correction #sideways #consolidation #FOMC #FF #FFMG ??

As expected, the FOMC turned out to be a nothingburger. Gold spiked to USD 4,083 but failed to settle above our bias level at USD 4,070. The bears also defended this level during Asian trading, and Gold is now trading lower again without being able to meaningfully breaking away from the round USD 4,000 mark. We therefore expect the tricky bottom-building process to continue, most likely with further dips below USD 4,000. We patiently wait for the turning point, which we expect around the final FOMC meeting of the year on December 9.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-29th-221

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #oversold #patience #SLVR #SLVTF #SLV #PSLV ??

Silver is trying to get back on its feet, but it has not made any meaningful progress yet. It remains stuck in this elevated trading range, with the Bollinger Bands now flattening out sideways. Such a squeeze could persist a little longer than the FOMC decision, so the odds that today turns out to be a “nothing burger” are increasing. That said, the 4-hour stochastic is overbought, and we therefore expect sideways, range-bound price action between USD 54.70 and 53.30.

https://floriangrummes.substack.com/p/silver-daily-call-for-october-28th-0dd

#gold #firstmininggold #preciousmetals #bullmarket #correction #sideways #consolidation #FOMC #FF #FFMG

Gold recovered to resistance at USD 4,070, pulled back, and is now attempting another break; with the FOMC today, expect elevated volatility and choppy price action, with Gold likely staying rangebound unless a hawkish press conference materially raises December rate-hike odds. As always, the trade – if any – comes after the event, not before it.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-28th-f9b

#gold #firstmininggold #preciousmetals #bullmarket #correction #sideways #consolidation #downtrend #FOMC #FF #FFMG ??

Gold is trading just above USD 4,000, and each dip below this key round-number support has so far attracted buyers. With the Fed’s rate decision tmrw, that alone is not enough to turn bullish—but there is a real chance that precious metals could start a relief rally during & after tomorrow’s press conference. That said, we continue to expect a tricky and potentially confusing bottoming process over the coming weeks, lasting until the final FOMC meeting of the year on December 9th.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-27th-ba0

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #oversold #patience #SLVR #SLVTF #SLV #PSLV ??

After the sharp sell-off in recent weeks, silver appears to be in „Schockstarre“ (= shock-induced paralysis) and is consolidating within an unusually tight range. That is unlikely to last through this week’s Fed and ECB decisions. For now, our working assumption is that below USD 56.50 further downside, potentially targeting the USD 50 area, is expected before a larger turning point will form in the coming weeks.

https://floriangrummes.substack.com/p/silver-daily-call-for-october-26th

#gold #firstmininggold #preciousmetals #bullmarket #correction #sideways #consolidation #downtrend #FF #FFMG ??

Gold edged slightly higher at the start of the new week, but there are still no signs of a trend change or reversal. The market remains heavy around USD 4,000 after nearly nine weeks of declines, and we continue to expect a tricky and potentially confusing bottoming process over the coming weeks.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-26th

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #oversold #patience #SLVR #SLVTF #SLV #PSLV ??

The drama for silver had been building in recent weeks. Silver has now fallen below its summer low and appears to be heading toward the next major support level around USD 50. So far, there are no signs of an immediate reversal. As long as silver remains below USD 56.50, any bounce is likely to fade quickly. Just be patient and let this market correct. The opportunity will present itself.

https://floriangrummes.substack.com/p/silver-daily-call-for-october-23rd-8a4

#gold #firstmininggold #preciousmetals #bullmarket #correction #sideways #consolidation #downtrend #FF #FFMG

Spot gold fell to USD 3,986 in early Asian trading. After bulls failed to defend USD 4,065 yesterday, the next leg lower came as no surprise. We expect the USD 3,940–4,000 zone to provide overall support. Sharp countertrend rallies toward USD 4,065 and USD 4,100 could occur at any time, but we caution that the coming days and weeks may remain challenging, with volatile and misleading back-and-forth price action.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-23rd-ebd

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #oversold #SLVR #SLVTF #SLV #PSLV ??

Metals remain under pressure, and silver slipped to USD 54.91. Despite being oversold, there is nothing bullish on silver’s chart in the short term. In the bigger picture, however, a test of the former breakout level at USD 50 remains part of the massive 45-year cup-and-handle pattern. We therefore remain patient in the short term, expecting a potential turning point around December 9. Over the long term, we continue to expect silver to climb above USD 250 within the next 3–10 years.

https://floriangrummes.substack.com/p/silver-daily-call-for-october-22nd-6e3

#gold #firstmininggold #preciousmetals #bullmarket #correction #sideways #consolidation #downtrend #FF #FFMG ??

Our bearish bias below USD 4,150 has kept us on the right side of gold’s weakness. Recent attempts to bounce and recover have failed, putting USD 4,100 – and, more importantly, USD 4,065 – under increasing pressure. We’ve therefore added USD 4,035 as a new target on the chart. In the bigger picture, gold remains in a sideways consolidation, with bears making slow progress.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-22nd-f22

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #oversold #SLVR #SLVTF #SLV #PSLV ??

Like gold, silver spiked intraday yesterday but failed to follow through. Below USD 58, price action remains choppy and corrective, with a possible retest of this year’s lows in the USD 54.50–55.40 range. A temporary rebound toward USD 59.18 and USD 61.47 is also possible.

https://floriangrummes.substack.com/p/silver-daily-call-for-october-21st-add

#gold #firstmininggold #preciousmetals #bullmarket #correction #sideways #consolidation #FF #FFMG ??

Gold remains weak. As expected, yesterday’s intraday spike did not alter the outlook and failed quickly. Below USD 1,150, prices are likely to remain choppy to lower. We continue to expect precious metals to face headwinds until around mid-December.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-21st-2cf

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #oversold #SLVR #SLVTF #SLV #PSLV ??

Despite exiting a bearish embedded stochastic on the daily chart & faking a break below its descending channel, silver has failed to gain traction. Friday’s bias level capped the rebound just below USD 58, and the price is now testing the lower boundary of the seven-week downtrend channel again. There’s little to suggest a bullish reversal, so caution remains warranted.

https://floriangrummes.substack.com/p/silver-daily-call-for-october-20th-b45

#gold #firstmininggold #preciousmetals #bullmarket #correction #sideways #consolidation #FF #FFMG ??

Gold keeps sliding lower. After USD 4,150 flipped to resistance, a break below USD 4,100 could easily target the recent low at USD 4,065. However, with the 4H stochastic oversold, sharp corrective bounces should not be ruled out.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-20th

#gold #firstmininggold #preciousmetals #bullmarket #correction #sideways #consolidation #FF #FFMG ??

Gold remains rangebound, with no meaningful follow-through and prices largely flat versus Friday’s close. We still view the current bottoming attempt as likely to be a gradual, tricky and volatile process, potentially lasting into mid-December.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-19th

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #oversold #stillbearishembedded #SLVR #SLVTF #SLV #PSLV ??

The rebound from extremely oversold conditions continues, but USD 58 remains a key resistance level. A sustained break above USD 58 would support a move toward the retracement levels at USD 59.18 and USD 61.47. Until then, more evidence is needed to confirm a bottom.

https://floriangrummes.substack.com/p/silver-daily-call-for-october-16th-1b9

#gold #firstmininggold #preciousmetals #bullmarket #correction #oversold #bounce #sideways #CPI #FF #FFMG ??

Gold has reversed nicely after the post-CPI sell-off but remains confined within its sideways range between USD 4,065 and USD 4,227. Nevertheless, bulls have finally broken above the Jackson Hole downtrend, which supports a further recovery toward USD 4,200 and USD 4,225. However, from a broader perspective, bears still hold the upper hand, and we do not expect this to change sustainably anytime soon.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-16th-bd7

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #bearishembedded #CPI #50MA #SLVR #SLVTF #SLV #PSLV ??

Since peaking at USD 71.17 in the summer, silver has fallen 22% in just 7 weeks, giving back all of the gains from the summer rally. And despite being severely oversold, the daily stochastic remains bearishly embedded. The 4-hour chart, however, suggests the potential for at least a modest bounce and a recovery toward the lower edge of the downtrend channel, from which silver broke down yesterday following the CPI release. Only time will heal silver.

https://floriangrummes.substack.com/p/silver-daily-call-for-october-15th-e83

#gold #firstmininggold #preciousmetals #bullmarket #correction #oversold #bounce #sideways #CPI #FF #FFMG ??

Gold sold off sharply after yesterday’s CPI data, hitting USD 4,073 before recovering to USD 4,161. Hence, short-term technical damage remains limited, but gold is still stuck in the downtrend since late January, with bulls yet to benefit from current oversold conditions. After three weeks of volatile consolidation between USD 4,065 and USD 4,220, we expect the bearish range & price behavior to persist into mid-December, with repeated tests of—and possible breaks below—USD 4,000. Nevertheless, we remain optimistic that a mid-December turning point will drive a strong recovery into spring 2027.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-15th-a6c

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #bearishembedded #CPI #50MA #SLVR #SLVTF #SLV #PSLV ??

Silver remains in a bearish setup. The daily stochastic is bearish embedded, reinforcing the prevailing downtrend even though silver is quite oversold. The best-case scenario would be a double bottom near USD 58.50, but there is currently zero confirmation to support that view. If silver fails to bounce from around current levels, the summer lows around—and potentially below—USD 55 are likely to come into play.

https://floriangrummes.substack.com/p/silver-daily-call-for-october-14th-685

#gold #firstmininggold #preciousmetals #bullmarket #correction #oversold #bounce #sideways #CPI #FF #FFMG ??

Gold is holding around support and our key bias level at USD 4,145. The 4-hour stochastic is oversold, suggesting downside momentum may be fading. With today’s CPI release likely to trigger volatility, caution remains essential. As long as gold closes above USD 4,145, we maintain our slightly bullish bias.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-14th-ead

#gold #firstmininggold #preciousmetals #bullmarket #correction #oversold #bounce #sideways #FF #FFMG ??

Gold bounced off support at USD 4,150-4,155, hence our bullish view remains intact. Price now appears to be turning back toward resistance at USD 4,200 and USD 4,220. 4-hour stochastic confirms that this bounce should have further room to run.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-13th-260

#gold #firstmininggold #preciousmetals #bullmarket #correction #oversold #bounce #sideways #FF #FFMG ??

Gold continued its rebound toward USD 4,217, reaching our short-term target of USD 4,210 before pulling back to test support at USD 4,155. For the rebound to remain intact, gold should ideally hold above our bias level at USD 4,145. The 4-hour stochastic sell signal suggests the pullback could persist through the first half of the week, making a breakout above USD 4,200 more realistic later on.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-12th

#gold #firstmininggold #preciousmetals #bullmarket #correction #oversold #bounce #FF #FFMG ??

After six weeks of declines, gold is showing early signs of a reversal, with a potential recovery toward USD 4,250 and the 50-MA near USD 4,332. Despite elevated geopolitical and macroeconomic risks ahead of the US midterm elections, the bounce from Wednesday’s USD 4,066 low is encouraging. Some consolidation may be needed, but as long as gold holds above USD 4,145, the recovery should remain intact.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-9th-2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #oversold #patience #FF #FFMG ??

Gold has remained under pressure since Jackson Hole. Rising Treasury yields, a stronger U.S. dollar, and an overbought market following the powerful summer rally have all contributed to the decline.

Yesterday, gold reached our next downside target near USD 4,065 before bouncing from that support zone. However, it is still too early to call a bottom. From a seasonal perspective, this corrective phase could extend into mid-December. We have identified a new downside target around USD 4,020 and would not be surprised to see gold grind lower toward the broader support zone between USD 3,940 and USD 4,000. 

That said, this choppy and volatile pullback may still be interrupted by sharp recovery attempts. Unless gold reclaims USD 4,160 – and, more importantly, USD 4,185 – we would regard such rallies as unlikely to signal a meaningful trend reversal.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-8th-2026