#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