#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