Sunshine Profits

The yellow metal couldn’t face the downward pressure and declined abruptly on Friday. What happened, and why did it fail?Friday was a brutal time for gold. The price of the yellow metal dropped...

The S&P 500 extended its bull market on Friday as it reached the new record high above the 4,600 level. Is this still a topping pattern?The S&P 500 index gained 0.19% on Friday, Oct. 29, as it...

As a new month begins, the downtrend in the GDX (NYSE:GDX) and VanEck Junior Gold Miners ETF (NYSE:GDXJ) should resume. When will a new buying opportunity finally present itself?Let’s compare...

With the S&P 500 closing at the lows on Oct. 27 and mining stocks following suit, surging inflation is starting to rattle the financial markets. For example, the Bank of Canada announced on Oct....

Stocks retraced their short-term decline yesterday, but today we may see a lower opening following the earnings releases. Is this a topping pattern?The S&P 500 index gained 0.98% on Thursday, Oct....

So, quantitative easing has ended (so far in Canada, but the Fed will follow suit). The termination plunged gold prices in Canadian dollars. Will this repeat globally?Finally! Yesterday (Oct. 27), one...

We might see a plunge in gold prices quite soon. History repeats itself to a huge degree at the moment—let’s see what it has to offer.Today’s technical analysis will be very similar...

Oil prices rose again on Tuesday, approaching multi-year highs amid concerns over steadily shrinking US crude reserves.Fundamental AnalysisU.S. API Weekly Crude Oil Stock: Inventory levels of US...

Friday (Oct. 22) started wonderfully for the yellow metal. Gold was appreciating since early morning, and it even jumped above $1,810. As the chart below shows, the London P.M. Fix was above $1,800,...

The U.S. Dollar Index has been eating its Wheaties, is itching for a fight, and it’s got solid fundamentals backing it up. It doesn’t look good for the metals.While the USD Index has come...

With the S&P 500 back at its all-time highs, gold stopped lagging behind. However, how long can this unsustainable growth last?The FOMO Rally While the S&P 500 has demonstrated a resounding...

We entered a natural gas trade on Tuesday, which turned out to be profitable… just like the previous ones! Let’s have a look at how we can continue.Trade Plan Our initial trade plan was...

The pandemic will cease to be a problem at some point. It will leave the world with other problems though, and they could be supportive of gold.Maybe it’s not the best timing, given the spread...

With inflation surging and the Fed in the midst of a crisis of confidence, Fed Governor Randal Quarles (a voting FOMC member) said on Oct. 20 that there are now “significant upside risks”...

Evergrande is on the brink of bankruptcy. Will gold prices collapse together with the real estate developer or benefit from its default?Generals are always prepared to fight the last war, while...

Stocks prices got even higher yesterday, as investors reacted to corporate earnings releases. Will the S&P 500 reach the new record high?The S&P 500 index gained 0.74% on Tuesday, Oct. 19,...