#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