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
Traders consult higher timeframes so as to get a big picture view that filters out some short-term noise. So, what story does the monthly gold chart tell?
Yesterday, we told our subscribers that probably all markets (or most thereof) are about to correct. And it seems that’s exactly what is happening. Crude oil is moving higher. The USD Index declined from 103.82 to about 102.72 (at the...
What a difference from a month ago, right? Miners moved overall higher – with volatile moves both ways, only to… truly plunge in March. Miners often lead gold higher and lower, so this decline doesn’t bode too well for the price of the...
In yesterday’s analysis, we wrote that the outlook for the precious metals sector remained bearish, and we wrote that if you’ve been wondering which parts of the precious metals sector are likely to decline the most, we would still choose...
Gold is testing its previous 2020 highs, but silver plunged anyway, which created a very special situation. Namely, the gold to silver ratio just jumped to the 100 level. This may not seem like a big deal, because ultimately people buy...
The first one is the situation in crude oil. Namely, it plunged below $30 overnight as Saudi Arabia ramped up production following Friday's OPEC+ collapse. At the same time, treasury yields plunged to fresh record lows and the USD Index...
There are indicators, and there is price action. Some technicians swear by one or the other, yet it’s most sensible to combine both views as they go hand in hand. Further, there is a special breed of indicators that are not a derivative of...
The short-term dynamics of various parts of the precious metals sector offers many insights and opportunities to capitalize on. In today’s article, we’ll examine what the current upswing means across the metals’ world and with respect to...
Gold rallied by $17.20 yesterday (1.08%), while silver soared by $0.42 (2.35%), which means that silver more than doubled gold’s rally. Silver is outperforming gold, which was both profitable, and informative. Gold miners moved higher even...
Although its decline was not yet significant, the USD Index finally declined yesterday. Given the recent breakout above the November 2019 highs, this move lower might leave one with mixed feelings.
