Sunshine Profits

In yesterday’s alert we wrote that the reversal in the precious metals market should once again not be taken at its face value and that one should not overreact based on it as the size of the...

On Wednesday, the White House unveiled Trump’s tax reform plan. What does it mean for the gold market?Finally, the new administration has presented the long-awaited tax plan. The key elements...

This time, the U.S. central bank did not make us wait too long for the next hike. Just three months after the hike in December, the Fed moved interest rates up again. Although the pace of the current...

Saturday will be the 100th day of Trump’s presidency. Were these days positive for the gold market? Well, that passed quickly. And the world has not collapsed, what a relief! But jokes aside,...

Earlier today, the greenback moved lower against the Canadian dollar, which pushed USD/CAD below the December high and the previously-broken resistance zone. Is it enough to trigger further...

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...

On Tuesday, the price of gold fell to a two-week low on the French election. What does it mean for the gold market?As we reported on Monday, the first round of the French election is over: Macron and...

If the U.S. Congress does not pass a bill before April 28, the government will run out of money. What would this mean for the gold market?The specter of a government shutdown is haunting the U.S....

The most prominent action in the precious metals market that we saw last week, took place in silver – the white metal closed the week below the important long-term support/resistance line, thus...

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...

In the previous edition of the Market Overview, we analyzed the potential impact of the European elections on the gold market. As the Dutch elections are behind us, let’s see how the...

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...

Theresa May has called a snap general election in the U.K. What does it imply for the gold market?Yesterday, Theresa May, the British prime minister, announced that she wanted to hold a snap general...

Turkish President Erdogan won a crucial constitutional referendum. What does it mean for the gold market?On Sunday, Recep Tayyip Erdogan, president of Turkey, narrowly won a referendum that will...

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...

This week, the price of gold reached five-month highs. What does it mean for the gold market?It has been a good week for the gold market. The London price of yellow metal reached $1,284 on Thursday,...