27 November 2023 – 09:17 Central Euro Time

Both Gold and Silver are at present above today’s Neutral Zones: the white metal, (which has been lagging Gold’s performance), has provisionally flipped its weekly parabolic from Short to Long; confirmation should come at next Friday’s settle. The Spoo is at present below its Neutral Zone. And BEGOS Markets volatility is again moderate. The “textbook overbought” streak of the S&P itself is now through 13 sessions. The Gold Update (brief as planned) is price-bullish, especially given the yellow metal having recorded net gains for the six past Decembers. The Econ Baro starts a week of 12 incoming metrics with October’s New Home Sales.