Author: Sunshine Profits

Gold Going Sideways Since Last Wednesday’s Decline

Gold Going Sideways Since Last Wednesday’s Decline by PAUL REJCZAK for Sunshine Profits The gold futures contract lost 0.40% on Monday, as yellow metal extended its short-term consolidation following the recent decline below $2,000 price level. Gold reversed lower on...

FOMC Minutes Push Gold Down

FOMC Minutes Push Gold Down by ARKADIUSZ SIEROŃ, PHD for Sunshine Profits July FOMC minutes hit the gold prices. But what’s next for the yellow metal? The key event last week was the publication of the minutes from the FOMC...

Gold Slightly Higher as Stock Markets Rally

Gold Slightly Higher as Stock Markets Rally by PAUL REJCZAK for Sunshine Profits The gold futures contract gained just 0.03% on Friday, as it traded within a short-term consolidation following the recent decline below $2,000 price level. Gold reversed lower...

Was That the Top in Gold?

Was That the Top in Gold? by PRZEMYSŁAW RADOMSKI, CFA for Sunshine Profits It could have been. But what is more likely, it could have been the final pre-plunge top in case of the mining stocks. Why? Because the history...

Rebounding Gold and the Many Triggers

Rebounding Gold and the Many Triggers by PRZEMYSŁAW RADOMSKI, CFA for Sunshine Profits Everything good comes to its end sooner or later, and no ascent lasts forever as Icarus would confirm. That could very well apply to the current situation...

Five Post-Covid Trends and Gold

Five Post-Covid Trends and Gold by ARKADIUSZ SIEROŃ, PHD for Sunshine Profits The disruptions caused by the pandemic of Covid-19 forced people, companies, governments, and organizations to challenge their basis assumptions about their ways of life and conduct. Some of...

The Anatomy of Gold’s Decline

The Anatomy of Gold’s Decline by PRZEMYSŁAW RADOMSKI, CFA for Sunshine Profits Gold declined quite visibly in today’s pre-market trading (moving briefly below $2,000) and it happened right before miners’ daily reversal. This seems to be a very bearish indication...

Gold Is Starting Its Move

Gold Is Starting Its Move by PRZEMYSŁAW RADOMSKI , CFA for Sunshine Profits Everything good comes to its end sooner or later, and the higher one rises, the deeper one falls. These could very well apply to the current situation...

Gold’s at Another New Record High Ahead of Friday’s U.S. Jobs Data

Gold’s at Another New Record High Ahead of Friday’s U.S. Jobs Data by PAUL REJCZAK for Sunshine Profits The gold futures contract has further accelerated its long-term uptrend on Wednesday following the recent short-term consolidation along $2,000 mark. The market...

Precious Metals on Fire, Gold Firmly Above $2,000

Precious Metals on Fire, Gold Firmly Above $2,000 by Paul Rejczak for Sunshine Profits The gold futures contract has accelerated its long-term uptrend on Tuesday following the recent short-term consolidation along $2,000 mark. The market reached new record high at the...

Could Gold Reach $7,000 by 2030?

Could Gold Reach $7,000 by 2030? by ARKADIUSZ SIEROŃ, PHD for Sunshine Profits This bull market can be more positive than the previous one both for gold and the mining stocks. In the last edition of the Fundamental Gold Report,...