05 December 2023 – 08:59 Central Euro Time

After achieving an All-Time High yesterday at 2152, Gold’s subsequent -113 intraday points drop ranks 5th-worst century-to-date; however the -5.3% drop ranks just 34th worst intraday. At present, the Euro, Copper and Spoo are below today’s Neutral Zones; none of the other BEGOS Markets are above same, and volatility has returned to mostly light. Our most consistent Market Rhythm at present (10-test swing basis) is Gold’s 4hr Price Oscillator. As anticipated, the Euro’s “Baby Blues” (see Market Trends) confirmed falling below the key +80% axis, indicative of lower prices near-term. And the Econ Baro looks to November’s ISM(Svc) Index.