Gold switches to CASH today as risk turns to rising
Gold switched to CASH today and its risk started to rising. Prices saw mixed moves with oil dropping by 1.4%. Trend scores improved the most in gold with a gain of 24 points. Overall, two markets are in LONG and two in CASH, while risk is rising across all four markets.
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 gained 0.6% and the Trend Score rose by 21 points to 61. Current volatility of 9.5% sits below the expected 15.2%, meaning risk is rising. The model stays in LONG, and a switch to CASH would need a negative Trend Score.
Nasdaq 100
The price advanced 1.3% and the Trend Score grew by 18 points to 34. Current volatility of 18.9% trails the expected 23.1%, so risk is rising. The model remains in CASH, and shifting to LONG requires falling volatility.
Gold
The price rose 1.2% and the Trend Score jumped by 24 points to -9. Volatility stands at 17.2% against an expected 20.2%, bringing a risk turn and today's switch to CASH. A future move to LONG requires a positive Trend Score and falling volatility.
