Sunshine Profits

The Gold Futures contract gained 0.51% on Wednesday, as it further extended its short-term uptrend. The price of gold broke slightly above its January 8 local high of $1,613.30, before...

It appeared that the bears firmly took the reins of yesterday’s session, but most of their gains were history before the closing bell. Have we seen an important turning point for oil?Let’s...

Stocks reached out for new 2020 highs yesterday, and have marginally overcome futures’ Monday session highs. Yet, they suffered a setback yesterday, and price action left the very short-term...

The gold futures contract gained 1.08% on Tuesday, as it accelerated its recent advance. The yellow metal broke above February 3 local high and $1,600 level, but it closed slightly below January 8...

The Gold futures contract gained 0.46% on Thursday, as the yellow metal retraced its Wednesday's-Thursday's decline. The market is extending a month-long consolidation following January 8...

People often ask about my economic forecasts for the current year, whether the recession will come or not, etc. I reply that I'm an economist, not a fortune teller. As future is inherently...

The number of cases and deaths by the new coronavirus have escalated quickly. However, the fears subsided and the stock market rebounded. How did gold perform, and what can we expect from the king of...

Although its decline was not yet significant, the USD Index finally declined yesterday. Given the recent breakout above the November 2019 highs, this move lower might leave one with mixed...

The gold futures contract lost 0.60% on Tuesday, as it retraced some of its week-long advance from last Wednesday’s local low of $1,551.10. Investors reacted to the Fed’s Jerome...

Amid the worries about the coronavirus and its impact on the global economy, the U.S. yield curve has briefly inverted again. Recession, anyone? And what exactly does the inversion imply for the gold...

The gold futures contract gained 0.39% on Monday, as it extended its short-term uptrend again. The market has retraced more of last week's Tuesday's decline following bouncing off $1,550...

Gold and the US dollar. The yellow metal and its fiat nemesis. Often, they move inversely, though the strength and even the direction of their relationship varies when examined from different time...

The markets went risk-on last week following better-than-expected economic data releases, as China virus fears eased. This week we will have a lot of Fed talk and another pretty important set of...

The gold futures contract gained 0.46% on Thursday, as it retraced more of the recent decline. The market has bounced off $1,550 support level on Wednesday. The yellow metal was gaining despite stock...

Will 2020 be better than 2019 for the yellow metal? We invite you to read our today’s article, which provides an important update of the macroeconomic outlook for 2020 we painted one month ago....

The precious metals market didn’t do much yesterday, but – what may seem surprising - that’s quite bullish. It’s bullish, because the USD Index rallied to new yearly highs and...