Gold Daily Call for October 7th, 2026

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

Gold remains a difficult market. Yesterday, bulls pushed price back toward USD 4,185 but failed to break above our key negative-bias level. Today, metals are sharply lower once again, with selling resuming in the early Asian session—a recurring pattern in recent weeks. Overall, gold is grinding lower despite oversold technical setups.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-7th-2026

Gold Daily Call for October 6th, 2026

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

Gold remains trapped in a tightening consolidation triangle, repeatedly bouncing between its boundaries. Bears defended the upper trendline yesterday, but bulls have regained initiative today, driving price back toward the triangle’s apex. 

Given that the USD 4,100 level held overnight and new buy signals have formed on both the daily and 4H timeframes, the risk/reward for longs looks increasingly favorable. A breakout from this structure appears imminent and could set the tone for the next leg.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-6th-2026

Gold Daily Call for October 5th, 2026

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

Friday’s NFP-driven selloff capped a rough week, with gold spiking to USD 4,227 before collapsing to USD 4,125.  While the new week starts on a firmer note, the broader corrective trend from January remains intact & price action is still weak, leaving the door open for another test of the key support zone around USD 4,000.  That said, daily & 4h stochastic are oversold, hence a bounce is plausible; a move back above USD 4,175 would likely fuel a recovery toward USD 4,200 and our bias level near USD 4,220, but failure to sustain above this area keeps the bearish bias and the path toward USD 4,000 in play.

https://floriangrummes.substack.com/p/gold-daily-call-for-october-5th-2026

Gold Daily Call for October 2nd, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #summerrally #pullback #triangle #patience #NFP #FF #FFMG

Gold remains in a significant pullback from its summer peak and the Jackson Hole event, with most of the impressive summer rally now retraced. Bears are in control.

Today’s NFP release is likely to trigger volatile, whipsawing price action. So far, Monday’s sell-off appears to be consolidating in a triangle formation, typically a continuation pattern. This suggests that further downside may have a higher probability, but it would be prudent to avoid taking a directional view before NFP is released. The trade comes after the event!

https://floriangrummes.substack.com/p/gold-daily-call-for-october-2nd-2026

Gold Daily Call for September 28th, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #summerrally #pullback #50MA #oversold #patience #FF #FFMG ??

We are still attending a mining conference in the U.S., hence our service remains limited.

The sell-off that began just before Jackson Hole has now intensified. Gold has broken below USD 4,235 and moved sharply lower, opening the door to a test of the USD 4,050–4,100 support zone. 

As long as prices remain below the 50-day moving average, the correction is still in play. Exercise extreme caution. 

Gold appears deeply oversold in the very short term, but additional downside toward USD 4,050—and potentially USD 3,950—remains plausible.

For now, the risk/reward is unattractive: it is too late to initiate fresh shorts, yet there is no confirmed long setup. If you are not already short, remain on the sidelines and preserve liquidity. Liquidity is king.

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

Silver Daily Call for September 21st, 2026

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #summerrally #pullback #50MA #FED #bounce #consolidation #200MA #SLVR #SLVTF #SLV #PSLV ??

Silver is continuing to consolidate its post-FOMC rebound. While the 4-hour stochastic is flashing a sell signal, this would ideally result only in further choppy price action around—and above—the recently broken downtrend line. However, a move below USD 65 would increase the probability of another test of the 50-period moving average.

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

Gold Daily Call for September 21st, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #summerrally #pullback #50MA #FOMC #oversold #reversal #200MA #sideways #FF #FFMG ??

Gold is consolidating after its sharp rebound toward USD 4,400, with prices pulling back to retest former downtrend resistance. This choppy, back-and-forth price action remains constructive as long as gold holds above USD 4,320.

https://floriangrummes.substack.com/p/gold-daily-call-for-september-21st

Silver Daily Call for September 18th, 2026

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #summerrally #pullback #50MA #FED #200MA #SLVR #SLVTF #SLV #PSLV ??

This morning, silver broke above the downtrend resistance and surged to USD 67.33. However, with the 4-hour stochastic now significantly overbought, the metals may have moved ahead of themselves. Prices are therefore undergoing a healthy consolidation. Nevertheless, as long as silver holds above USD 64.00, the bulls remain in control.

https://floriangrummes.substack.com/p/silver-daily-call-for-september-18th

Gold Daily Call for September 18th, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #summerrally #pullback #50MA #FOMC #oversold #reversal #200MA #FF #FFMG ??

As expected, gold rallied toward USD 4,400 but has since pulled back to test the former downtrend line, which now acts as support. As long as price holds above USD 4,320, the bullish bias remains intact. However, with the weekend approaching, there’s no compelling reason to initiate new positions at this stage.

https://floriangrummes.substack.com/p/gold-daily-call-for-september-18th

Silver End of Day Call for September 17th, 2026

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #summerrally #pullback #50MA #FED #200MA #SLVR #SLVTF #SLV #PSLV ??

Precious metals rebounded sharply after yesterday’s FOMC selloff, with gold and silver both bouncing off their 50-day MAs. However, neither has broken the 2–3 week downtrend. Silver needs a daily close above USD 66 to confirm a meaningful retracement of the pullback. The oversold daily stochastic looks promising, but our 4h stochastic points to more consolidation in the short-term before a decisive breakout could become possible.

https://floriangrummes.substack.com/p/silver-end-of-day-call-for-september

Gold Daily Call for September 17th, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #summerrally #pullback #50MA #FOMC #oversold #reversal #200MA #FF #FFMG ??

As gold had already front-run yesterday’s FOMC decision with a bounce toward USD 4,367, the rate hike triggered a sharp sell-off from USD 4,367 to a new low of USD 4,235. Most of that decline has since been recovered, while the daily chart remains attractively oversold.

However, there is still no confirmation that this marginal new low marked the end of the ongoing pullback, which began on August 25. At the same time, our view that gold will continue to trade sideways between its 50- and 200-day MA remains intact. A break above USD 4,380 would indicate that a meaningful retracement of the pullback is underway and could pave the way for a retest of the 200-day MA above USD 4,500.

https://floriangrummes.substack.com/p/gold-daily-call-for-september-17th

Gold FOMC Call for September 16th, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #pullback #50MA #FED #FOMC #200MA #FF #FFMG ??

The 50-day MA has held. Gold is bouncing from this support as traders front-run today’s FOMC decision, which could make tonight’s market reaction more difficult to interpret. Nevertheless, the oversold daily chart and the rebound from the rising 50-day MA point to further upside. A move above USD 4,400 would confirm, in our view, that the second leg higher from the June/July low likely began at Monday’s low of USD 4,253. As long as gold remains below USD 4,400, however, it is still trading within the pullback that began three weeks ago.

https://floriangrummes.substack.com/p/gold-fomc-call-for-september-16th

Gold Daily Call for September 15th, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #pullback #50MA #FED #200MA #FF #FFMG ??

Gold attempted to recover from the sell-off but was rejected twice near USD 4,320. Ahead of tomorrow’s Fed decision, we expect choppy, range-bound trading, with the possibility of marginal new lows. However, the daily chart is deeply oversold. We therefore believe the rate hike is largely priced in, making a rebound in gold the more likely scenario. For now, patience remains key.

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

Silver Daily Call for September 14th, 2026

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #summerrally #pullback #50MA #FED #200MA #SLVR #SLVTF #SLV #PSLV ??

Silver has tapped our target zone near the 50-day MA. Sentiment is heavily bearish, with a head-and-shoulders pattern widely noted. That said, metals are now quite oversold. We expect choppy price action into Wednesday’s Fed decision, followed by a likely bounce.

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

Gold Daily Call for September 14th, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #pullback #50MA #FED #200MA #FF #FFMG ??

Gold had a very weak start to the new week and has now reached our target zone for this pullback near the 50-MA. Ahead of Wednesday’s Fed decision, we may see some sideways price action and slightly new lows. However, we believe the downside is likely to remain limited. With both the daily and 4-hour stochastic deeply oversold, we expect a potential rebound later in the week.

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

Silver End of the Week Call for September 11th, 2026

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #summerrally #pullback #50MA #200MA #FED #SLVR #SLVTF #SLV #PSLV ??

As expected, a nice bounce after the CPI release, but metals have been unable to hold on to those gains heading into the weekend. Until next Wednesday’s Fed decision, silver remains caught in this pullback, with the 50-day moving average as the target.

https://floriangrummes.substack.com/p/silver-end-of-the-week-call-for-september-1be

Gold Daily Call for September 11th, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #pullback #50MA #200MA #FF #FFMG ??

CPI numbers in a few minutes. Gold came down to USD 4,300 but bounced USD 60 while 4h and daily stochastic are oversold. Fed decision next week still ahead, hence we can’t rule out a test of 50-MA before this pullback is done. But gold is alive & we think a test of the 200-MA will come over the next few weeks..Today’s trade comes after CPI event, 1st target USD 4,365 +x.

https://floriangrummes.substack.com/p/gold-daily-call-for-september-11th

Gold Daily Call for September 10th, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #pullback #triangle #50MA #200MA #FF #FFMG ??

Gold broken out of its triangle pattern formed over the past two weeks. Triangles can produce false breakouts followed by moves in the opposite direction. But current setup suggest gold might test its 50-MA first. This could take place during the volatile & choppy trading days ahead of the next Fed decision. Alternatively, if tmrw´s CPI data & the Fed’s stance drive gold above USD 4,440, the path would be clear toward the 200-day moving average around USD 4,537.

https://floriangrummes.substack.com/p/gold-daily-call-for-september-10th

Silver Daily Week Call for September 9th, 2026

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #pullback #wedge #200MA #50MA #SLVR #SLVTF #SLV #PSLV ??

Silver is breaking out of its small sideways range. Uptrend remains intact, next targets are USD 69 and 70ish.

https://floriangrummes.substack.com/p/silver-daily-week-call-for-september-01c

Gold Daily Call for September 9th, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #pullback #triangle #200MA #50MA #FF #FFMG ??

Gold has pulled back to USD 4,340, where buyers stepped in aggressively right at the triangle support. This reaction suggests the next move is likely a test of the triangle’s upper boundary.

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

Silver Daily Week Call for September 8th, 2026

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #pullback #oversold #bounce #NFT #200MA #50MA #SLVR #SLVTF #SLV #PSLV ??

Silver remains unable to break above USD 67.20, keeping the market locked in a sideways, choppy range. The price action since the summer high 11 days ago could either represent a corrective pullback from the summer rally or the beginning of another downward leg. For now, we expect precious metals to remain range-bound until US CPI data and the Federal Reserve’s interest-rate decision provide a fresh directional catalyst. Above USD 64, the uptrend since late July is still intact. 

https://floriangrummes.substack.com/p/silver-daily-week-call-for-september

EDIT ADDED….THANK YOU MIDAS TOUCH ( FLORIAN) FOR POSTING AT GOLDTENT…I ENCOURAGE GOLDTENTERS TO FOLLOW AND SUBSCRIBE TO THIS SUBSTACK ALWAYS USEFUL REAL TIME INFORMATION

LOOK AT THESE GRAPHS…ASTOUNDING THAT ONLY 1% OF TRADERS ARE TAKING POSITIONS IN GOLD AT THIS TIME

AND HERE IS AN EXAMPLE OF MIDAS TOUCH TRADING RULES

Gold Daily Call for September 8th, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #pullback #oversold #bounce #NFT #200MA #50MA #FF #FFMG ??

Gold sold off sharply last Friday. Now stabilizing around USD 4,400, but retracement from the summer high at USD 4,697 still in play. The active break below USD 4,450 leaving the door open for another test of the USD 4,360–4,380 support zone. The 4-hour stochastic has lost its buy signal, so expect choppy, sideways price action until the upcoming US CPI data and the Fed’s next move..

https://floriangrummes.substack.com/p/gold-daily-call-for-september-8th-221

Silver End of the Week Call for September 3rd, 2026

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #pullback #oversold #bounce #NFT #volatility #SLVR #SLVTF #SLV #PSLV ??

It’s been a wild week for silver and the metals. Volatility has been extreme, with prices whipsawing sharply. At around USD 66, silver has managed to recover 38.2% of the move down from last weeks top at USD 71.16 and 61.8% of todays pullback before heading into the weekend.

The key bias level at USD 64 continues to hold, keeping the long side favored for now. That said, price action will likely remain erratic, with silver oscillating between its 50-day and 200-day moving averages, underscoring the ongoing tug-of-war between bulls and bears.

https://floriangrummes.substack.com/p/silver-end-of-the-week-call-for-september

Gold Daily Call for September 4th, 2026

#gold #firstmininggold #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #pullback #oversold #bounce #NFT #200MA #FF #FFMG ??

Gold pushed hard into USD 4,510 & is now digesting the move. Ahead of NFP, expect range-bound action. 4h-stochastic is overbought, but it looks like the summer rally is not over! A clean break above USD 4,500 targets new highs near USD 4,530 & the 200MA. A drop back under USD 4,455 would signal the bounce is losing steam and a retracement is underway.

https://floriangrummes.substack.com/p/gold-daily-call-for-september-4th-a68

Silver Daily Call for September 3rd, 2026

#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #jacksonhole #pullback #oversold #bounce #target69 #200MA #SLVR #SLVTF #SLV #PSLV ??

Metals are rebounding strongly from yesterday’s low, while silver has some catching up to do. Above USD 64.00 next short-term targets sit at USD 67.00 & USD 67.50. If the rebound gathers further momentum, silver could reach USD 69.00 within the next one to two weeks.

https://floriangrummes.substack.com/p/silver-daily-call-for-september-3rd-98f

Gold Daily Call for September 3rd, 2026.

#gold #firstmininggold #preciousmetals #bullmarket #correction #shortsqueeze #summerrally #jacksonhole #pullback #oversold #bounce #target4500 #FF #FFMG

We were too cautious yesterday. Support in the USD 4,280–4,300 area held, and gold rebounded strongly, reaching USD 4,443 this morning. With tomorrow’s NFP report now dominating prevent price action, we expect choppy range-bound trading, primarily above USD 4,420, with potential for a test of USD 4,450–4,460. A break below USD 4,420 would likely expose USD 4,395.

https://floriangrummes.substack.com/p/gold-daily-call-for-september-3rd-580

Gold Daily Call for September 2nd, 2026

Welcome back – we hope you all had a restful summer and were able to recharge.

Our daily call series resumes today. Going forward, we will publish our daily updates on gold and silver again via Substack, X, LinkedIn and Telegram. Please note that occasional interruptions may occur when we are traveling or attending conferences.

As often happens, the anticipated “summer rally” in gold began almost immediately after we went on holiday. In just three weeks, gold surged from around USD 4,020 to USD 4,697. We had set a modest minimum target of USD 4,500 and said we wanted to see how this summer rally would unfold. In hindsight, the rally behaved more like a short-covering squeeze than a sustainable climb along a wall of worry.

Consequently, the sharp pullback from the USD 4,697 high last week is not surprising. Although gold had briefly reclaimed its 200-day moving average (200MA), that level offered little support once selling pressure intensified during Jackson Hole. Gold is now down roughly USD 400 in a single week, with no clear sign yet of a bottom or reversal. We therefore expect gold to test its rising 50-day moving average (50MA) around USD 4,218 and the lower daily Bollinger Band (USD 4,203) sooner rather than later. However, gold is very oversold on the smaller timeframes and the daily stochastic switched extremely fast from overbought into oversold. That means shorting at current levels does not deliver a good risk/reward anymore. But we need to understand that even in the short-term there is another USD 100+ downside risk. Of course, at some point gold will bounce and recover some of the lost ground. Best case would be a relief bounce back toward the 200MA slightly above USD 4,500. If the rising 50MA does not hold, the door USD 4,000 would be wide open again (worst case).

In the bigger picture, the series of lower highs remains intact. For September, we anticipate gold oscillating between the 50MA and 200MA. The next directional impulse will likely depend on equity-market behavior. Historically, the two months preceding U.S. midterm elections tend to bring stock market pullbacks. Given already elevated global uncertainty, additional stress in risk assets spilling over into precious metals would not be unexpected.. At some point, Fed and Treasury Secretary Bessent may be forced to step in with liquidity support, though.

Overall, we are rather cautious going into September. The September Effect refers to the historical tendency for stock markets—especially U.S. equities like the S&P 500 and Dow Jones—to post weaker or negative average returns in September compared with other months. Over long data series, September is the only calendar month with a negative average return for the S&P 500, and it also has one of the highest frequencies of down months.

https://floriangrummes.substack.com/p/gold-daily-call-for-september-2nd

Silver Daily Call for August 26th, 2025

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

Gold Daily Call for August 26th, 2025

https://floriangrummes.substack.com/p/gold-daily-call-for-august-26th-2025

Silver Daily Call for August 25th, 2025

https://floriangrummes.substack.com/p/silver-daily-call-for-august-25th

Gold Daily Call for August 25th, 2025

https://floriangrummes.substack.com/p/gold-daily-call-for-august-25th-2025

Silver Daily Call for August 22nd, 2025

https://floriangrummes.substack.com/p/silver-daily-call-for-august-22nd