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 yesterday's analysis, we discussed how meaningful gold and silver's pre-market decline was given a relatively small move in the USD Index. The implications were quite bearish for the PM market, especially that we had just seen a target...
In yesterday’s intraday Alert, we explained why the short-term outlook for the precious metals changed from bearish to neutral and we took profits from our short positions. It was not just the fact that the price targets were reached for...
The decline in gold, silver and mining stocks continued yesterday, further increasing profits on our short position. But, since gold is already in the $1,260s, and our target area is $1,250 - $1,260, one should prepare for a nearby...
Silver soared, while gold and mining stocks moved higher and reached new monthly highs. All that despite a move higher in the USD Index. It seems to be a clear bullish combination for the PMs. The moon appears to be at hand. Is it the last...
Gold, silver and mining stocks moved higher once again yesterday and the former even managed to move above the declining trend channel. Breakouts are bullish and thus the outlook for gold improved significantly… Or did it? Gold’s price in...
In yesterday’s analysis, we explained how it’s possible for the precious metals sector to move higher in very short term and at the same time still form the next local bottom close to $1,250. The key part of the analysis was that this week...
The price of gold moved considerably lower in the past several weeks, despite the pause that we saw in the final part of the previous week. The yellow metal moved below $1,300 and confirmed this move by several daily closes below it.
On May 1st, we knew that the precious metals sector was starting a 2-week rally based on cyclical turning points, apex-based reversals, and True Seasonality for May. The rally is over, the profits cashed in… And growing once again thanks...
Friday was the day when silver and mining stocks were likely to reverse based on their triangle-apex-based turning points and today is the day of gold’s apex-based reversal. Therefore, it seems likely that gold, silver and mining stocks...
The gold to silver ratio moved to 20-year extreme and it’s now moving lower, so the top is in and now we’re going to see a move back to historical norms well below 30 (there are different ways to measure it). The implications are that...
