Sunshine Profits

Having opened with a sizable gap, stocks scored sizable gains yesterday. The reversal higher makes one think that we’ve seen a bullish turn. And the short-term outlook has certainly turned more...

The Gold Futures contract lost 1.70% on Tuesday, as it retraced most of the recent weeks’ advances in just one day of trading. The market has reached a local high of $1,598.50 on Monday and...

As the markets grapple with the coronavirus story, the stock market is no exception. Jittery and volatile trading is what we’ve seen on Friday, January 24 already. In the heat of the moment,...

The Gold Futures lost 0.35% on Monday, after extending its short-term uptrend at the beginning of an overnight trading session. The market has reached new local high of $1,598.50. But then it bounced...

The gold futures contract lost 0.08% on Friday, as it fluctuated following the Thursday’s post-FOMC Statement release advance of 1.20%. The market went sideways despite the intensifying China...

The Gold Futures contract gained 1.20% on Thursday, as it resumed its short-term uptrend following Tuesday’s-Wednesday’s downward correction. The market continued to retrace its sharp move...

Recession, recession - will we see one in 2020? And will it bring about a rally in gold then?. True or false? In today’s article, we’ll test the ‘recession in 2020’ narrative...

The Fed kept rates unchanged and while it was not immediately preceded by major price moves in the PMs, the no-change decision was followed by bullish price action in the following hours. This action...

The Gold Futures gained 0.04% on Wednesday, as it extended its short-term consolidation. So the FOMC Monetary Policy Statement release didn’t bring much volatility. On last week’s...

A new day, a new record in palladium! Is there any stopping it from reaching another high? What’s next in store for the white metal? If you thought gold had a good year, you were wrong. OK,...

We stated earlier that unless something bad happens, 2020 may be worse for the yellow metal than 2019, as gold fundamentals seem to have deteriorated since the last year. Of course, bad things are...

The Gold Futures gained 0.56% on Thursday, as it got closer to its recent local high of $1,568.80. The yellow metal closed above $1,560 mark for the first time since January 8 run-up followed by a...

Gold futures gained 0.56% on Thursday, as it got closer to its recent local high of $1,568.80. The yellow metal closed above $1,560 mark for the first time since January 8 run-up followed...

Two cities are besieged. One by officials, activists and business leaders, while the second by bloodthirsty politicians. Will anyone escape? No one knows, but the gold coin has always helped bribe the...

The gold futures contract lost 0.08% on Wednesday, as it continued to trade within a short-term consolidation following the previous week’s Wednesday’s record-breaking advance above $1,600...

Last week has been all about the U.S. - China trade war deal signing. The markets went almost full-on risk-on on that news. But there were more quite interesting developments, i.e. Thursday’s...