10 January 2025 – 08:47 Central Euro Time

Gold is presently the sole BEGOS Market above its Neutral Zone for trading: price is over 2700 for the first time since 13 December. The balance of the BEGOS components are within today’s respective Neutral Zones, and volatility is light. By Market Profiles, the Spoo (5947) is trading just below its most dominantly-traded price by volume across the past fortnight of 5951; the Euro (1.3200) is nearly on same (1.0330). For correlation amongst the five primary BEGOS Markets, the current best has shifted from being positive Euro/Spoo (see 08 Jan comment) to now negative Oil/Spoo. And at Market Trends, Copper’s linreg has (in real-time) provisionally rotated to positive: of the eight BEGOS Markets, the only other component with positive linreg remains Oil. The Econ Baro awaits January’s UofM Sentiment Survey, plus December’s Payrolls data (per Labor).