06 January 2025 – 08:39 Central Euro Time

Both the Bond and Copper are presently below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility to this point is pushing towards moderate: all three elements of the Metals Triumvirate, along with Oil, have already exceeded 50% of their EDTRs (see Market Ranges). The Gold Update cites our selected high for this year: 3262 using the “expected yearly trading range” method; that noted, Gold still continues to run its weekly parabolic Short trend, now entering a ninth week. From a Market Rhythms perspective, Gold’s 1hr Parabolics study has been indicative of worthy results mid-December-to-date (24-test basis). Some 12 metrics are due this week for the Econ Baro, beginning today with November’s Factory Orders. And Q4 Earnings Season commences.