Sunshine Profits

The situation in the precious metals market continues to develop in tune with my previous expectations, and the profits on our short position in VanEck Junior Gold Miners ETF (NYSE:GDXJ) have just...

Let’s start today’s analysis with a question that just hit our inbox, as it provides a good intro to today’s technical discussion: Q: I really appreciate your services and technical...

Yesterday I wrote: This move is in tune with what we saw at previous local bottoms. The RSI moved slightly below 50, and it’s the turn of the month – this combination was enough to...

Despite gold’s latest move higher, its outlook remains bearish. If its 2012-2013 pattern is to repeat, it means gold is now preparing for a big fall.Patience AdvisedGold moved higher on Friday,...

The PMs were mixed on July 26, as gold ended the day in the red. However, with mining stocks showcasing relative strength in the face of a stock market sell-off, the outperformance should have more...

With investors unsure of how Big Tech’s earnings will perform this week and how hawkish or dovish Fed Chairman Jerome Powell will be during his press conference today, the financial markets were...

Despite stocks' slight recent fall, their short-term outlook remains bullish. Unless gold truly plunges, junior miners have a chance to rise soon.Bullish IndicationsOverall, the precious metals sector...

Despite stocks' slight recent fall, their short-term outlook remains bullish.Bullish IndicationsOverall, the precious metals sector didn’t do much last week. gold was up by 1.4%, silver was up...

Recession calls are getting louder. If history is any guide, the bust is coming. It's good news for gold.An economic hurricane is coming. Brace yourselves! This is at least what Jamie Dimon suggested...

The gold futures contract gained 0.78% on Thursday, July 21, as it retraced its Wednesday’s decline on the European Central Bank’s interest hike release. Gold reached new medium-term low...

While this week was a rollercoaster across all asset classes, unanchored inflation, a hawkish Fed, and recession fears in the Eurozone made large intraday swings more prevalent than usual.However,...

With the GDXJ ETF underperforming the general stock market on July 20, the PMs didn’t rally alongside other risk assets. However, with investors’ daily recalibrations likely to reverse in...

Crude oil futures fell after the bulls took over. What are the supply and demand determinants driving crude oil prices this week? WTI bounced just below the $90 mark yesterday on the NYMEX. It was...

As junior miners continue to rise and the USD keeps falling, it seems like a matter of a short time before gold soars. Gold is doing pretty much nothing these days, but junior miners tell us what gold...

Today’s technical analysis will be similar to yesterday’s, as we simply either saw a repeat of the previous indication or the situation developed in tune with them.Let’s start with...

Gold, silver, and miners declined heavily in the past weeks, but it seems that they got too low, too fast, and now a quick rebound seems very likely.On Friday, junior gold miners (GDXJ ETF) once again...