Sunshine Profits

The Gold futures lost 1.99% on Monday, as it slightly extended its Friday's sell-off. The yellow metal fell the lowest since late November of 2019 yesterday, before bouncing off a daily low of...

Wow, what a move we just saw in silver... Without further ado, let's dive into the chart. Silver plunged to our initial target level and reversed shortly after doing so. It was for many months that...

The tensions in the oil market are very palpable, and yesterday is no exception to strong moves. Can we talk about a bottom in sight?Let's take a closer look at the chart below (chart courtesy of...

Will Gold Rally Now?On Sunday, the Federal Reserve cut interest rates and restarted quantitative easing to stimulate economy hit by the pandemic of COVID-19. That’s already its second move prior...

Just when you might think that the key action to comment on is Friday’s reversal, it’s the opening of today’s overnight session that gets the prize. The development is yet another...

The scheduled economic data releases were much less important than monetary policy updates or governments’ interventions news last week. Shocking Fed’s Interest Rates cut and the QE...

Yesterday’s session in stocks was a true bloodbath that extended well into today’s overnight sessions. It offered two glimmers of hope: one very temporary that came shortly after we exited...

The gold futures lost 3.17% on Thursday, as it fell below $1,600 level and reached the daily low of $1,560.40. Yellow metal fell the lowest since early February following financial markets liquidity...

On Wednesday, the World Health Organization (WHO) declared the current outbreak of COVID-19 a global pandemic, as the U.S. stock market entered a bear market, falling more than 20% from its peak....

In yesterday’s analysis, we wrote that the outlook for the precious metals sector remained bearish, and we wrote that if you’ve been wondering which parts of the precious metals sector are...

The Gold Futures contract lost 1.08% on Wednesday, as it retraced more of its recent rally. The market bounced off its Monday’s new medium-term high of $1,704.30. Two weeks ago the gold price...

The coronavirus and economic slowdown fears continued dominating headlines in the recent days. Our last week’s Stock Pick Update has been released at the local high of stock market’s...

After Monday’s plunge, stocks staged a rebound on Trump’s stimulus promises. While the bulls closed higher than the market opened on Monday, was it a resounding show of their...

The Gold Futures contract lost 0.92% on Tuesday, as it extended its downward correction from Monday’s new medium-term high of $1,704.30. Two weeks ago the gold price collapsed to the low of...

After Thursday’s rise, stocks went ever deeper into red since. Driven by incoming bad coronavirus news both in the U.S. and abroad, not even Friday’s strong employment data stopped the...

The Gold Futures contract gained 0.20% on Monday after breaking above $1,700 level. Monday’s daily high was at $1,704.30, but closing price was $1,675.70. Recently the gold price collapsed to...