#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