“Down” describes the state of the BEGOS Markets to start the week: save for the Swiss Franc (+0.1%), the seven other components are in the red with just the Bond and Spoo (albeit lower) at present inside today’s Neutral Zones; session volatility is pushing toward moderate. The Gold Update still confirms the key weekly measures of both MACD and Parabolics as negative, but that the yellow metal is getting a fundamental bid as therein itemized; too of note, Gold on Friday crossed above its smooth valuation line (see Market Values). The Econ Baro (which has been pounded into the ground) begins a fairly light week, today featuring May’s Consumer Credit late in the session; (inflation gauges shall be highlighted come Thursday and Friday). And today also begins Q2 Earnings Season.