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 Monday’s analysis , I wrote that the market situation is likely to become more specific right before, during, and perhaps shortly after the U.S. presidential elections . And by “specific”, I mean that the markets could begin moving...
Regardless of the tumultuous year that we’ve had so far, Election Day remains the most significant event of the year and what every precious metal trader was waiting for. Given the election’s controversial nature, and all the other risks...
It’s evident that stocks have once again invalidated the breakout above their early-2020 high. They have also closed the week below the lowest weekly September close. Back in September, the S&P 500 index reversed on a weekly basis and...
I previously wrote that practically nothing happened on the gold market , which is bearish since gold should be rallying or trading at higher levels, given the pre-election uncertainty. However, gold didn’t wait for the elections to begin...
There are only a few more days left until the 59th quadrennial presidential election take place, which means that President Trump and his Democratic counter candidate Joe Biden are in their final week of the electoral race. Globally,...
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...
