Below you will find a quick summary of the report that we're preparing at this moment and that we will publish later today.
This week's signals are not conclusive. Especially because of yesterday action when we've seen rapid rise, above recent highs but lacking of confirmation from the volume levels. Therefore no additional action beyond what was discussed in yesterday's Market Alert is recommended. In other words, a SMALL open speculative short position in precious metals could be desired hedge against possible declines and to protect the long-term holdings.
Very strong relationship between precious metals and stocks as well as USD Index is the key. The falling stocks and rallying USD Index could serve as the catalyst for the precious metals sharp decline. Sunshine Profits will continue to monitor all markets and inform our Subscribers as warranted.
Thank you.
Sincerely, Przemyslaw Radomski