P. Radomski

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/.

Last week, we received quite a few messages in which readers asked about the long-term reverse head-and-shoulders pattern in gold and related ratios. In today’s alert we discuss this in greater detail. Let’s jump right into the gold chart (charts courtesy of http://s
Some time ago we discussed the analogies in the silver market…and the implication of the analogies was that a big decline should follow. However, we have not seen anything epic on a medium-term basis – only a local (yet powerful) intra-day slide. Was the analogy invalid
In the first part of the Preparing for THE Bottom series, we emphasized the need to be sure to stay alert and focused in the precious metals market, even though it may not appear all that interesting. We argued that preparing for the big moves in gold that are likely to
In the first part of the Preparing for THE Bottom series, we emphasized the need to be sure to stay alert and focused in the precious metals market, even though it may not appear all that interesting. We argued that preparing for the big moves in gold that are likely to
Yesterday’s session was not like the previous ones – in the previous days, the precious metals sector moved lower together and mining stocks were leading the way. Yesterday, gold and silver declined, but miners were barely affected. Does this strength indicate a likely
Gold, silver and mining stocks finally moved lower after several days of higher prices - and one can say the opposite about the USD Index. Was this just a pause or a beginning of a bigger downtrend? The latter is quite likely and the reasons come from the precious me
Yesterday’s session was yet another one in row when mining stocks underperformed the yellow metal, which continues to have bearish implications. Nonetheless, gold moved to new short-term highs and in today’s alert we’re going to discuss the implications of this move.
If we look at gold from the long-term perspective, it’s clear that it hasn’t really done much in the recent months – it’s trading in the $1,200 - $1,250 range, which is where it was in the first half of 2016, first half of 2015, for most of 2014 and in the second half o
Once again gold moved higher for some time, which once again made the short-term moving averages (including the 50-day moving average) rise faster than the long-term ones (including the 200-day moving average), which in turn generated the “all-important” golden cros
During yesterday’s session, the USD Index plunged once again and so did the general stock market, while gold rallied over $20. Consequently, we see a new major technical development that we’ve been expecting for some time now. What’s new and what changed? Let’s start

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