Gold dropped 1.7% and its Trend Score fell by 13 points
Gold recorded the biggest daily price drop of 1.7% and also the largest Trend Score change of -13 points. S&P 500 and Nasdaq 100 both lost 0.2%, while oil weakened by 0.7%. Risk is rising in two markets, and the models are currently in the LONG state for three assets and in the CASH state for one.
Written by AI (Google Gemini) from the model's numbers only. Every number in it is checked automatically against the calculation. Not investment advice.
Markets in this report
S&P 500
The price dropped 0.2% and the Trend Score weakened by 1 point to 69. Current volatility stands at 10% against expected volatility of 13%, meaning risk is rising. The model stays in LONG and a switch to CASH would need a negative Trend Score.
Nasdaq 100
The price decreased by 0.2% and the Trend Score fell by 4 points to 77. Current volatility is 15.2% and expected volatility reaches 19.4%, so risk is rising. The model holds CASH, while a switch to LONG requires falling risk.
Gold
The price lost 1.7% and the Trend Score dropped by 13 points to -22. Current volatility is 21% and expected is 20.9%, meaning risk is falling. The model is in LONG and a switch to CASH would need expected volatility to rise above current.
