Sunshine Profits

More and more analysts are pointing out the tight correlation between the Japanese yen and the price of gold. Let’s thus investigate the link between these two assets. The chart below shows the...

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,240, and profit target at 2,060, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...

Gold, silver and mining stocks moved higher Tuesday as the USD moved higher as well, which had bullish implications. Based on the closing prices and the rally in mining stocks that took place in the...

Briefly: In our opinion, no speculative positions are justified.Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains neutral, following S&P 500...

Einstein allegedly once claimed that insanity is doing the same thing over and over again and expecting different results. It turns out that central bankers are really insane. Their loose,...

On Thursday, the price of gold dropped 1.5 percent. What does it mean for the gold market?Yesterday, gold fell below $1,260 and continued declines today in Asian trading hours. Was not it supposed to...

Briefly: In our opinion, no speculative positions are justified.Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains neutral, following S&P 500...

The U.S. presidential election has finally come. Who is likely to win and what can we expect for the gold market after the election?Election Day is upon us. Today, voters will cast their votes for the...

History tends to repeat itself and the more similarities to a past pattern we have, the bigger likelihood that it will continue to repeat. Silver's day-to-date price swings may seem erratic, but from...

Briefly: In our opinion, no speculative positions are justified.Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains neutral, following S&P 500...

Earlier today, GBP/USD extended gains and climbed above important resistance levels after news that the British government lost the Brexit case in the high court. Additionally, the Bank of England...

Yesterday, the FOMC members leaved interest rates unchanged. What does it mean for the gold market?As it was expected, the Fed officials kept interest rates unchanged at between 0.25 and 0.50 percent...

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,150, and profit target at 2,020, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...

Although the Institute for Supply Management showed that its manufacturing purchasing managers’ index increased to 51.9 in Oct, the USD Index moved sharply lower. As a result, the greenback...

In our opinion, speculative short positions are favored (with stop-loss at 2,180, and profit target at 2,020, for theS&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...

New orders for manufactured durable goods decreased 0.1 percent in September. What does it imply for the gold market?On Thursday, the U.S. Department of Commerce said that new orders for durable goods...