05 June 2024 – 08:01 Central Euro Time

The Bond and Swiss Franc are at present below their respective Neutral Zones for today; above same is Gold, and BEGOS Markets’ volatility is light. Gold’s weekly MACD is poised for a negative crossing, the last five of which over three years have led to lower prices of at least -30 points; The Gold Update cites specific lower levels of which to be aware following the “double-top” which formed across the past seven weeks; and price has been flirting with either side of its smooth valuation line (see Market Values). But that same metric, Oil (in real-time) shows as -7.83 points “low” and the Spoo as +123 points “high”, The Econ Baro looks to May’s ADP Employment data and the ISM(Svc) Index.