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

Despite the sharp rebound from the recent low at USD 3,870, gold stalled at USD 4,147, forming a small double top before selling off sharply over the last two days. Should today’s low at USD 3,925 hold, we see a good chance of a near-term bounce and recovery. That said, the anticipated bumpy multi-week bottoming process remains in progress.

https://floriangrummes.substack.com/p/gold-daily-call-for-november-12th-44b