Sunshine Profits

Inflation has finally risen, but the Fed will remain dovish. Gold can continue its upward march.US CPI rose 0.6% in June, following a 0.1% drop in May. It was the first increase in four months and the...

What we previously wrote about mining stocks' breakdown and yesterday's upswing, might seem like something that invalidates it or something that's just nonsense. In reality, it's one of the common...

The Gold Futures contract gained 0.68% on Monday, as it retraced some of late last week's downward correction following Wednesday's advance to new long-term high of $1,829.80. The recent economic...

The number of cases of COVID-19 in the U.S. have been rallying very quickly in last weeks, giving way only to the gold prices, which have surpassed $1,800.It's not easy to terminate the viruses,...

Given how little it's used, Gold Miners Bullish Percent Index is an almost secret indicator, but that doesn't mean it's of little value to gold investors. Quite to the contrary. As you can see, the...

The Gold Futures contract lost 0.11% on Friday, as the market slightly extended its short-term downward correction following Wednesday's advance to a new long-term high of $1,829.80. The recent...

I doubted that Thursday's downswing was a shot across the bow courtesy of the bears, and instead laid out the case for why the stock upswing is likely to renew itself when I looked at the big picture....

Wednesday's efforts to break above the mid-June highs got thoroughly tested yesterday, and the stock bulls barely managed to stage a comeback. Is that a warning shot fired by the bears, or a show of...

We'll started today’s Gold & Silver Trading Alert with the Gold Miners Bullish Percent Index. We’ll do so, because we received a question about whether gold miners stayed overbought...

The US is still knee-deep in the first wave of COVID-19. So, gold should be still knee-deep in a wave of bullishness."Really not good." This is how Dr Anthony Fauci, the leading US expert in...

In yesterday's analysis, we featured a gargantuan sign pointing to a very likely turnaround in the precious metals complex. It's the extremely overbought Gold Miners Bullish Percent Index. What is...

Since Monday's premarket open, the S&P 500 was steadily rising before stabilizing above the mid-June tops. While the index comfortably closed at its intraday highs, can we trust this breakout?...

The Fed could strengthen its forward guidance later this year. Given its dovish bias and the fresh viral outbreaks, it could be positive for goldprices.Last week, the FOMC has published...

The only time the bears appeared during yesterday's trading, was at the very US open. A steady move higher followed, with the final hourly upswing erased 15 minutes before the closing bell. How...

What a crazy six months! Let's look at the chart below. As you can see, over the first half of the year, Gold gained more than 16 percent, rising from $1,515 at the end of December 2019 to $1,762...

The Gold futures contract gained 1.08% on Tuesday, as it extended its medium-term uptrend following breaking above last week’s Wednesday’s local high. The market has reached a new...