18 October 2024 – 08:23 Central Euro Time

The three elements of our Metals Triumvirate are all at present above today’s Neutral Zones, whilst below same is the Bond; BEGOS Markets’ volatility is light-to-moderate. Per Wednesday’s comment, the Bond’s “Baby Blues” (see Market Trends) have yet to curl up above their -80% axis: thus at bay remains our notion for a move up into the 124s, (price currently 119^28); moreover, the Bond’s 12hr Parabolics flipped to Short effective today’s open, that study leading (for pure swing consistency) the 405 studies tested nightly for our Market Rhythms. Gold has made All-Time Highs both yesterday and thus far today up to 2729 even as price vis-à-vis its smooth Market Values line shows (in real-time) as +99 points “high”; more of course in tomorrow’s 779th consecutive Saturday edition of The Gold Update. The Econ Baro concludes its week with September’s Housing Starts/Permits.