Sunshine Profits

This essay is based on the Premium Update posted on May 7th, 2010 Thursday saw a huge reversal in the general stock market accompanied by huge volume. There seemed to be a selling mood, which accelerated for several hours though the mid-day period. Is this a beginning of a severe plunge or are we likely … Continue reading

This essay is based on the Premium Update posted on April 30th, 2010 Three weeks ago we’ve commented on the link between the general stock market and gold, but since the situation has changed significantly since that time, we would like to provide you with a follow-up. Let’s begin with the very-long-term chart (charts courtesy … Continue reading

This essay is based on the Premium Update posted on April 23rd, 2010 In our previous essay we’ve discussed i.a. the changes in the strenght of influence that the U.S. Dollar has on the price of gold and what it means to gold Investors / Traders. In the following essay, we will provide you with … Continue reading

This essay is based on the Premium Update posted on April 23rd, 2010 When gold declined last Friday we were not caught by surprise and neither were our Subscribers. Based on our technical analysis, we gave you a heads up two weeks ago when we said that gold was ready for a decline before resuming … Continue reading

This essay is based on the Premium Update posted on April 16th, 2010 Prime Minister Gordon Brown, who will face a tough battle in the upcoming elections, has two nicknames in the British press– “Golden Brown” and “Goldfinger Brown.” Since anything pertaining to gold is of interests to us at Sunshine Profits, we looked into … Continue reading

The current situation on the USD Index and gold appears to be in tune with each other even though the statistical numbers don’t confirm it, which is a particularly interesting state……

In our previous essay, we’ve stated that a small correction [in gold] may be likely very soon, and since that his is what we’ve seen very recently, you might be wondering if this means that gold is likely to move much lower from here…..

In the March 31st 2010 commentary, we’ve analyzed the general stock market along with the price of gold, and one of the things that we wrote was that a significant decline is not very likely at this point and the general market could rally further…..

In the previous essay, we’ve emphasized that gold is to move higher, and since it has just moved significantly higher, it seems that you may wonder what we think about the situation in its sister-metal – silver. However, before providing you with technical details, we would like to provide you with not-so-bullish views on China, and briefly comment on how it might affect the precious metals market….

This essay is based on the Premium Update posted on April 2nd, 2010 In the March 26th commentary we wrote that given the historical significance of the RSI being at 70 and the fact that the USD Index has just touched the 50% retracement of the previous rally leads us to anticipate that the recent … Continue reading