Q: Are you calling the faker, the actual water temp gauge that behaves erratically?
If it is, then I can tell you that mine is just goofy. The car in question is a original 1993 245 auto, coming up in less than 48 miles to her first 100,000 miles of use.
Had her since 2021 from first owner and the wagon is deliciously almost flawless; except the water temp needle goes up (on occasion) almost to the red while street or hwy driving, no matter the engine load. Or in a series of repetitive traffic stops Both A/C on or off.
However, the needle also (seldomly) will point rock bottom down cold in the winter. Most of the time it just stays normal (to me) between 8:30 or 9.
So I have read here, and also one of my Viking mechanics told me, that I should slap the top of the dashboard on top of the temp fuel dial, and it would come back to normal. And in my case it does. Been thinking of installing a Tropical fan but I don't see any use for it, just yet.
I'd like to fix this but I'm OK as I know the car does not over heat. Hope this helps.