With the war yet again “on hold”, the BEGOS Markets (save for Oil) are benefitting: at present above today’s Neutral Zones are the Bond, all three elements of the Metals Triumvirate, and the Spoo; session volatility is moderate. The Gold Update sees price as still working to form a 4000s’ floor, albeit the broader technical picture has weakened such that a revisit of the 3500s wouldn’t be untoward, especially should the war re-accelerate with Oil and the Dollar then again getting the bid. Our recent anticipation of Gold and Silver having their respective linregs (see Market Trends) rotate from negative to positive has yet to occur, although the “Baby Blues” of trend consistency are rising and nearing the 0% axis for both metals. ‘Tis a busy week for the Econ Baro of 15 incoming metrics, beginning today with July’s ISM(Mfg) Index and June’s Construction Spending.