05 March 2024 – 09:14 Central Euro Time

Gold settled yesterday at an All-Time Closing High (2123); ‘course, the All-Time High itself remains 2152. At present, the Bond is above today’s Neutral Zone; the balance of the BEGOS Markets are within same, and volatility is again light-to-moderate. For Gold, our best Market Rhythm on a pure swing basis (10-test) is its 8hr Moneyflow; on a profit-take basis, ’tis Gold’s daily Parabolics, (see Market Rhythms). Silver (24.14) remains exceptionally cheap relative to Gold, the Gold/Silver ratio 88.1x vs. the century-to-date average of 68.1x. The Econ Baro looks to February’s ISM(Svc) Index plus January’s Factory Orders.