Sunshine Profits

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:Intraday outlook...

This week, two member of the European Central Bank’s (ECB) governing council gave speeches. What can we learn from them?On Tuesday, Yves Mersch, the member of the Executive Board of the ECB,...

In the previous sections of this edition of the Market Overview, we presented the demand and supply outlook for platinum and palladium. In that part, we would like to analyze the potential benefits of...

On Wednesday, the Fed released its most recent monetary policy statement. How can it affect the gold market?In line with expectations, the Fed kept interest rates unchanged at between 1.00 and 1.25...

Yesterday, the greenback extended losses against the Canadian dollar, which resulted in a drop below the May 2016 low. Does it mean that the way to lower levels is open?In our opinion the following...

On Tuesday, crude oil extended gains and hit a fresh July high, but will we see further rally in the coming days?Crude Oil’s Technical Picture Let’s take a closer look at the charts and...

Today, the Federal Reserve is due to release a statement from its July meeting. What can we expect and how can it affect the gold market?The Fed is expected to leave interest rates unchanged. The...

Gold, silver and the USD Index didn’t do much in earlier this week, but that was not the case with mining stocks. The divergence between gold stocks and gold was particularly visible and the...

Bitcoin's surge is associated with its technical details and an agreement that avoids a fork for the time being. In an article on Business Insider, we read: Bitcoin has recovered somewhat from the...

On Friday, Trump’s press secretary Sean Spicer resigned. What does it mean for the gold market?You can say a lot about Trump’s administration, but one thing is certain: it does not run too...

Yesterday, gold hit a three-week high. What does it mean for the precious-metals market?The ECB kept its monetary policy unchanged yesterday. And Draghi said that the ECB had made no plans regarding...

Palladium is another element with great importance to the modern economy, but it’s often overshadowed by the other more famous and expensive precious metals. As the chart below shows, palladium...

On Tuesday, British pound move lower against the greenback, which resulted in an invalidation of the breakout above two important resistances. How did this negative development affect the technical...

In the first part of the Preparing for THE Bottom series, we emphasized the need to be sure to stay alert and focused in the precious metals market, even though it may not appear all that interesting....

Last week, the Bank of Canada raised interest rates. What does it mean for the US dollar and gold?On Wednesday, one week ago, the Bank of Canada increased its target for the overnight rate from 0.50...

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high: Intraday outlook...