P. Radomski
CFA, Editor & Founder @ Sunshine Profits
Przemyslaw Radomski, CFA, is the founder, owner and the main editor of SunshineProfits.com. You can reach Przemyslaw at: http://www.sunshineprofits.com/help/contact-us/.
P. Radomski Articles
In Friday's Gold Trading Alert, I wrote: "The breakdown below the rising support line and then below $4,500 will likely be the final two nails in gold's temporary coffin."
Let me walk you through four days, in order, because the sequence matters more than any single piece of it. On Thursday I wrote that crude oil had rallied almost without a break for three weeks and had run into a strong resistance area...
This was the weekend the war was supposed to matter. Three American service members were killed. The United States ran its ninth night of strikes on Iran and began reaching beyond military targets. Iran launched a fresh wave of missiles,...
It is true that the markets tend to rhyme – repeat their own performance over and over again at identical or different time frames, while preserving the shape of the moves, due to investors’ unchanging psychological traits. This is the...
Gold, silver, and mining stocks declined once again in tune with my previous analyses. The war reached its loudest point yet over the weekend, and gold fell into it once more. That much is now familiar. What matters today sits underneath...
The United States struck Iran again last night. The strikes answered Iran's attack on three tankers in the Strait, which Washington called a clear breach of the ceasefire, and the Treasury followed by cutting off Iran's license to sell oil...
The weekend brought the kind of headlines that are supposed to send gold higher. The United States and Iran traded strikes, Iran fired missiles at American facilities in Kuwait and Bahrain, and shipping through the Strait was disrupted...
The metals broke to new lows yesterday and have paused right at the round number this morning, with gold holding just above $4,000 and silver steadying after its drop under $60. Two tests that could have pulled them off those lows came and...
It was about the rate channel. Gold and silver are falling hard today, with silver leading the way down at several times gold's pace. If you are looking for the reason in the Iran headlines, you are looking in the wrong place.
After yesterday’s sharp moves, not much is going on today, so I’d like to take this opportunity to step back and look at the whole arc of this war. The deal that is (probably) being signed Friday gives us a rare clean bookend, and what...
