Gold is presently above its Neutral Zone for today, whilst below same is the Spoo; BEGOS Markets’ volatility is light-to-moderate. Looking at correlations amongst the five primary BEGOS components, the best currently is positive between the Euro and the Spoo; the latter’s linear regression trend (see Market Trends) appears poised to rotate from positive to negative, if not today, then come Monday; again, prior to the S&P 500’s Wednesday rout, the daily Parabolics on the March Spoo already had flipped from Long to Short effective last Monday’s open. November’s Leading Indicators indeed came in as positive despite the “consensus” for a negative reading: as herein penned yesterday, they “…are supposed to be mildly negative, but an “unch” or mildly positive read wouldn’t surprise us given the Baro’s recent resilience”; ’tis why we regularly refer to them as “lagging” indicators given the Baro leads them. And for today, incoming metrics include November’s Personal Income/Spending along with the “Fed-favoured” inflation read via the Core PCE. Our November inflation table shall thus be complete for tomorrow’s 788th consecutive Saturday edition of The Gold Update.