02 November 2026 – 08:40 Central Euro Time

November kicks off a busy week of StateSide elections’ results, employment data and earnings. At present we’ve the Bond, Euro, Swiss Franc, Gold, Silver and the Spoo all above their respective Neutral Zones for today; Oil is below same, and BEGOS Markets’ volatility is moderate. The Gold Update depicts price having dropped below key support of 3900, although ’tis back above that at the moment (3914); we note underlying structural support essentially being “out of range” in the 3400s such that we don’t sense already well-oversold Gold going down there. Silver this morning, too, has regained her 50 handle after having found the 48s on Friday. With the respect to Spoo, its EDTR (see Market Ranges) expanding of late, the best Market Rhythm for pure swing consistency has been the 2hr Parabolics. The Econ Baro begins a week of 16 incoming metrics with October’s ISM(Mfg) Index and September’s Construction Spending.