30 November 2023 – 09:21 Central Euro Time

At present, just Copper is the only BEGOS Market outside (above) its Neutral Zone for today; volatility again is light-to-moderate. As tweeted (@deMeadvillePro) on Tuesday: “Santa clearly is contemplating a new all-time Gold high by Christmas. ‘Twould be 2075 spot a/o 2089 FebFuts. (On verra…)” Price since has reached 2073 (FebFuts); more in this coming Saturday edition of the Gold Update. Looking at Market Rhythms, the most consistent at present are (on a 10-test basis) the Yen’s (not yet an official BEGOS component) 1hr Price Oscillator and 2hr Moneyflow, and Gold’s 4hr Price Oscillator; on a 24-test basis we’ve the Yen’s 15mn MACD along with Gold’s 30mn MACD and 30mn Price Oscillator. ‘Tis a busy day for the Econ Baro, including November’s Chi PMI, plus October’s Pending Home Sales, Personal Income/Spending, and the “Fed-favoured” Core PCE Index.