27 February 2026 – 08:52 Central Euro Time

We’ve presently both Silver and Copper above today’s Neutral Zones; the balance of the other six BEGOS Markets are within same, and session volatility again is light. At Market Ranges, the EDTRs for all eight BEGOS components are in decline, very notably for Gold and Silver; by Market Trends, the 21-day linreg for Gold is mildly positive whilst that for Silver is mildly negative; more of course in tomorrow’s 850th consecutive Saturday edition of The Gold Update. The Spoo by its Market Profile is sitting above a swath of trading support spanning from 6903 down to 6854: to the extent that holds through the session can be affected by January’s PPI; other Econ Baro metrics also due today are February’s Chi PMI, and well in “shutdown” arrears November’s Construction Spending in tandem with that for December. And we put a wrap of Q4 Earnings Season today, which as we’ve regularly been noting has been running at an above-average pace for year-over-year improvement, but not enough so by valuation to maintain the S&P 500’s lofty P/E of 46.6x (the “live” reading as futs-adj’d).