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
Responding to global risks and events, in most cases, precious metals are in a constant compulsion of the ever-fluctuating USD. After all, the U.S. Dollar is the currency that gold is priced in, and it is a market that will always continue...
Gold, mining stocks, and the USD Index have not been doing much recently. However, yesterday, this “inactivity” took quite a decisive shape, and unfortunately, things are not looking good for gold.
In my previous analyses, I emphasized that gold’s strength is most likely a momentary one, especially if we consider the USDX. Attesting to that are the invalidated gold breakout and today’s U.S. currency action.
In Monday’s analysis , we’ve explained why rising stock prices might not lead to significantly higher gold prices after all before the latter turned south again. The manner in which this week’s trading was conducted seems to have confirmed...
Looking at the precious metals market, it’s highly likely that the unsteady behavior will continue, with COVID-19 rise of infections, Trump’s health headlines, USDX’s momentum, Fed stimulus effects, U.S elections race, and God knows what...
The USD Index declined yesterday, while the precious metals market moved higher, possibly due to the relatively “turbulent” pre-election debate in the U.S. But still, did anything actually change regarding the outlook?
For month after month, in this tempestuous year that is 2020, the gold price continued to peak new heights, having a crystal-clear bullish prospect in August, setting a record 2020 price of $2,089 ($4 away from our target), which was a...
The year that we’re in is one of the most challenging ones to date for the global stock market, and many other markets. Gold is no exception. And yet, there are quite a few techniques that allow one to stay up-to-date with markets and to...
So far, 2020 has been an incredible and challenging year for the many markets, and that does not exclude gold, arguably one of the most important and most valuable commodities in the world.
In the global financial world, with a highly interconnected economic dependence, commodities, energy, materials, and in particular, currencies play a pivotal role in the stock market’s heterogeneity and connectivity. This applies to gold...
