Sunshine Profits

On Sunday, the Bank for International Settlements published its annual report. What can we learn from the report? On June 25, 2017, the BIS, or the central bank for central banks, produced its annual...

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...

Yesterday, three renowned central bankers delivered speeches. What can we learn from them?On Tuesday, investors faced a triumvirate of central bank talkers. First, Mario Draghi, President of the ECB,...

Yesterday, there was a flash crash in the gold market. What happened and what does it mean? Monday was a very interesting day for the gold market, as the price of gold plunged almost $20 after 1.8...

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...

Last Sunday, Macron won the majority in the French parliamentary election, while Brexit negotiations started the day after. What do these events mean for the gold market?After the first round, we...

We argued many times that the yellow metal behaves as a currency rather than as a commodity. Hence, macroeconomic factors and currency exchange rates affect the price of gold. In previous editions of...

The Citi U.S. Macro Economic Index plunged recently. What does it imply for the gold market?As one can see in the chart below, U.S. economic data has recently disappointed expectations. The U.S....

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...

Last week, a few important U.S. economic reports were released. What do they imply for the gold market?The recent days were eventful. The Fed hiked interest rates, the U.S. Treasury unveiled its...

Yesterday’s session was not like the previous ones – in the previous days, the precious metals sector moved lower together and mining stocks were leading the way. Yesterday, gold and...

Last week, the U.S. Treasury issued a report on financial reforms. What does it mean for the gold market?As we reported a few days ago, the Financial Choice Act was passed by the House. But it’s...

On Friday, the black gold gained 1.15% and climbed to the previously-broken lower borer of the trend channel. Is this a verification of the earlier breakdown or something more?Crude Oil’s...

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...

One of the most important economic debate today is whether the economy will experience reflation or deflation (or low inflation) in the upcoming months. Has the recent reflation been only a temporary...

On Wednesday, the Fed hiked its interest rates for the fourth time during the current tightening cycle. What does it imply for the gold market?In line with expectations and our Wednesday’s...