Sunshine Profits

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...

Yesterday, the European Central Bank released its most recent monetary policy statement. What does it imply for the gold market?It was a busy week for central banks, as the Bank of Canada, the Reserve...

Let’s analyze the chart below, which shows how gold performed in each year of the U.S. presidential election cycle. The first year of a presidency is a post-election year, the second is called...

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...

There are only two months left before the U.S. presidential elections. What are the current odds expected of both candidates and what do they mean for the gold market?As the British referendum is...

We had been expecting the end of last week to be volatile (and we carefully took profits off the table from our short positions early on Thursday) and precious metals certainly turned out to be...

Today, the Bureau of Labor Statistics is due to release the report about the employment situation in August. What can we expect and how can it affect the gold market?Today’s labor data will be...

Many economists ask why economic activity fluctuates. Among many theories of business cycles, there is the political business cycle, formulated in the 1970s. According to it, incumbents try to juice...

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...

The price of gold fell near to two-month lows after the Economic Symposium in Jackson Hole. Will Yellen’s speech become a game-changer in the gold market?On Friday, Yellen offered many...

U.S. consumer spending rose 0.3 percent in July. What does it mean for the gold market?Personal consumption expenditures increased 0.3 percent last month after 0.5 percent rise in June. The jump was...

In the previous edition of the Market Overview, we analyzed briefly the consequences of Brexit vote. We stated that “the most important economic effect of the Brexit vote is so far a significant...

On Monday, Libor hit a 7-year high. What does it mean for the Fed’s stance and the gold market?The London Interbank Offered Rate based on the U.S. dollar has recently been rising, as one can see...

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...

Gold moved lower early during yesterday’s session, but came back up later on and finally gold ended the session only less than $3 lower. Can we view such a reversal as a bullish sign? Not...

This month, the World Gold Council published a new edition of its quarterly report on gold demand. What does Gold Demand Trends Q2 2016 say about the demand for gold in the second quarter of...