#gold #firstmininggold #preciousmetals #bullmarket #correction #capitulation #reversal #shortsqueeze #bottombuilding #FF #FFMG

Gold has likely put in a bottom at USD 3,870 and is now staging its first bounce, which should reach the 50-MA. While the bottoming process may require a few more weeks until mid of December, January and February look set to be very bullish for gold, with at least a revisit of the 200-MA likely.

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