Sunshine Profits

In yesterday’s analysis on gold price in December 2019, we wrote that while the outlook for the yellow metal for the following months was bearish, it was bullish for the short term. And indeed...

The ISM Manufacturing index fell 0.2 points to a reading of 48.1 in November. However, gold struggles to find momentum. What is going on exactly? U.S. Manufacturing Sector Slumps FurtherThe Institute...

EUR/USD has been flirting with the green support zone recently, yet strongly rebounded yesterday. Was it a surprise? Not if you’re reading our analysis. Enough tooting our horn, what’s...

Just when most traders thought that the previous week was going to end in the red for gold, something exceptional happened. The USD Index reversed after rallying, and gold rallied sharply in response....

The Fed has published this month the newest edition of its Financial Stability Report. Generally speaking, the level of vulnerabilities in the financial system has moved little since the publication...

EUR/USD keeps testing the green support zone, yet the bears can’t muster enough strength to breakthrough. What are their chances of breaking below before Thanksgiving, or is another rebound more...

Gold reversed yesterday, and so did the rest of the precious metal sector. Mining stocks and – what’s important – Silver showed strength relative to gold and rallied even more than...

The US Dollar Index rallied on Friday, and gold responded with an intraday decline – that’s normal. What’s not necessarily normal is the size of the daily change in gold compared to...

The U.S. manufacturing sector has been growing weaker recently, entering recession. How serious is this contraction, and does it have the power to spill over to the broader economy? Let’s turn...

Let's face it, we live in a world of radical uncertainty. There are not only many known unknowns in the world, but the same can't be said of unknown unknowns. We simply do not known what we don't...

Yesterday, the Fed released minutes from its last meeting. They show an important shift among the meeting participants. In September, the FOMC turned more worried about the state of the U.S. economy,...

Some analysts has argued that the manufacturing sector reached a through. But this not the case. The latest Fed’s report on the industrial production and capacity utilization clearly shows that...

Let's take a closer look at the chart below and assess the likely crude oil price path ahead. Chart courtesy of www.stooq.com Yesterday, we wrote: (…) On Friday, crude oil futures...

Yes, you read that right. Despite all the bearish developments that we described in previous analyses, and despite many bearish factors that remain in place for the following months, it seems that the...

USD/JPY has been steadily decreasing in recent days, as the bulls had trouble overcoming the orange resistance zone. The pair has ended its losing streak with Friday’s rise, however. Does it...

The recent employment report points to the continuing strength of the U.S. labor market. The earlier months' upward revisions paint the same picture. Yet the unemployment rate ticked higher - is a...