Sunshine Profits

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

Trading position (short-term; our opinion): Short positions (with a stop-loss order at $54.15 and the initial downside target at $45.55) are justified from the risk/reward perspective.Although crude...

U.S. consumer spending jumped 0.4 percent in April. What does it imply for the gold market? Personal consumption expenditures increased 0.4 percent in April, following a 0.3 percent rise in March...

Last week, the minutes of the Federal Reserve’s May meeting were released. What do they say about the Fed’s stance and what do they mean for the gold market?Everything is Fine, Slowing...

On Tuesday, Arizona Governor Doug Ducey signed a bill exempting the sale of U.S. gold coins from state capital gains taxes. What does it imply for the gold market?Governor Doug Ducey signed the HB2014...

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

Yesterday, Trump published his proposed budget for 2018. What does it imply for the gold market?President delivered a proposal for budget for the 2018 fiscal year entitled “A New Foundation For...

U.K. threatened to quit the Brexit talks, while the Conservatives’ opinion poll lead dropped. What does it all mean for the gold market? We have understandably focused on political turmoil in...

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...

The political turmoil in Washington triggered by James Comey’s firing continues. What does it mean for the gold market?Some analysts argue that recent White House troubles may be a game-changer...

In the previous editions of the Market Overview, we wrote about the reflation trade. We analyzed the important signals of the uptick in economic activity and inflation all over the world, arguing that...

The abrupt firing of Comey last week triggered political turmoil in Washington. What does it imply for the gold market?On May 9, President Trump dismissed FBI Director James Comey. As he had been...

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...

Yesterday, the euro jumped above $1.10. What does it mean for the gold market?On Tuesday, the common currency rose more than 1 percent against the U.S. dollar. As the chart below shows, the euro...

Bitcoin Trading Alert originally sent to subscribers on May 15, 2017, 11:38 AM.In short: no speculative positions. A hacker attack has swept across the globe encrypting user files and crashing...

On Sunday, Angela Merkel’s party won in a key German state election. What does it mean for the gold market?The French presidential election is behind us, but it’s not the end of crucial...