04 May 2026 – 08:35 Central Euro Time

The Bond, Gold and Oil are all at present below today’s Neutral Zones; above same are the Euro and Spoo, and session volatility for the BEGOS Markets is mostly moderate. The Gold Update takes a mildly cautious stance on the precious metals, both of which though Friday are up +6.8% year-to-date, having of course been substantially higher in late January; at Market Trends, Gold’s “Baby Blues” of linreg consistency continue to drop, whereas those for Silver are momentarily hesitant; by Market Values, Gold is (in real-time) -158 points below its smooth valuation line; too by the deMeadville EMAs, the 21-day has crossed beneath the 89-day, plus the daily Parabolics, MACD, Price Oscillator and Moneyflow are all negatively positioned. The Spoo for the moment would elicit a higher open later today for the S&P 500. And ’tis a busy week for the Econ Baro beginning with March’s Factory Orders.