30 October 2024 – 08:21 Central Euro Time

At present we’ve Gold as the sole BEGOS Market above its Neutral Zone for today; the balance of the bunch are within same, and volatility is light. The yellow metal today has traded above 2800 (2802) for a fresh All-Time High. And leading all 405 of our Market Rhythms for pure swing consistency on a 10-test basis is Gold by its 4hr Moneyflow. On a 24-test basis, the leader is still the non-BEGOS Yen’s daily Price Oscillator, followed by Copper’s 15mn Moneyflow: the red metal’s “Baby Blues” (see Market Trends) yesterday confirmed having moved above their -80% axis, suggestive of a near-term run from here in the 4.30s up into the 4.50s. For the Econ Baro we’ve October’s ADP Employment data, September’s Pending Home Sales, and the first peek at GDP for Q3.