Przemysław Radomski
Being passionately curious about the market’s behavior, PR uses his statistical and financial background to question the common views and profit on the misconceptions.
Gold Price’s Relentless Rally
Gold Could Reach $2,300 This might seem perplexing for those who read only free analyses from me and didn’t have the full picture – in the last few years I had long and short positions in mining stocks (featuring 12 profitably closed unleveraged positions...
6 months ago
Yen and Gold Plunge While USD Soars – Exactly as Expected
And that IS a game-changer, even if many people fail to view it as such.This time, the trigger came from the inflation numbers that were above the expected levels and the market now is pricing the scenarios in which the Fed doesn’t cut rates as quickly as...
6 months ago
THE Reversal in Gold, THE Confirmed Breakout in USD/YEN
Gold’s Final Top?It most likely means that “this is it”. This was the final top for the price of gold for at least some time. At least that’s what the huge-volume sessions meant previously, especially when gold was similarly overbought as it was recently....
6 months ago
Tech Stocks’ and Bitcoin’s Message for Gold Investors
Unexpected ConnectionsAll right, bitcoin is an alternative to fiat currencies, just like gold and silver are, but what about tech stocks? What could they have in common with the precious metals market?More than it seems at the first sight. In particular,...
5 months ago
Gold Price Slides Even Without Dollar’s Help!
Recent Trends in Gold and USD IndexAnd it’s happening without a rally in the USD Index. So, yes, the price of the yellow metal can indeed move also down, not only up. And since the medium-term trend in junior mining stocks did not change despite gold’s re...
5 months ago
Silver Flashed the Signal Again!
Silver Signals Weakness Despite Short-Term StrengthThe above is probably something that you might be thinking. And while I can’t tell with certainty (nobody can), there are a few signs suggesting that the top is in or at hand, depending on what part of th...
2 months ago
Record Weekly Declines in Miners and Bitcoin
Record Weekly Decline Not Seen Since May 2022The GDXJ closed the weekly with a record (nominal) decline – that we haven’t seen since May 2022.The above chart shows that the multi-top that the GDXJ is most likely forming is indeed (as I wrote about it befo...
1 month ago
Gold vs. USD on Friday the 13th
A Breakout or Another False Start?Of course, the fact that it’s Friday the thirteenth has no impact on neither gold, nor the USD Index, but this day might be important for both markets due to other reasons.And yes, Paraskevidekatriaphobia also known as fr...
1 month ago
Gold in the Week of the Cut
USD Index Holds Support ZoneI’ve previously written that gold may confirm its breakout, and unless anything major happened in other markets, this would be a bullish sign. I’ve been waiting to post today’s analysis for the market open, as I wanted to check...
4 weeks ago
Dollar’s and Gold’s Outlook Right Before Fed’s Cut
Currency Behavior Defies ExpectationsIn my view, incorrectly so. We’ll see what happens in just several hours. I previously wrote that the markets appear to be reacting to rate cuts and hikes in the opposite way to what seems logical, but it can all be ex...
3 weeks ago
Broad Bottom in the USDX – Get Ready!
USD Index Poised for a RallyPerhaps GDXJ will do the same shortly.Gold’s strength, silver’s breakout, and a clearly unconfirmed breakout in the GDXJ may seem perplexing when taken separately, but together, they paint the same picture: the precious metals...
3 weeks ago
Upside Target for Gold Price
Fibonacci Extension: Gold Nearing Its TargetThis has been one of the “the market can stay irrational longer than you can remain logical” cases, as gold has been moving higher relentlessly despite the USD Index’s broad bottom and breakout in the USD/YEN cu...
2 weeks ago
Dollar’s Possible Breakout and Its Major Implications
Gold’s Rising Wedge Breaks: A Bearish Indicator“So far” is the most important part of the above sentence. Perhaps writing “yet” would be even better. The yellow metal moved lower after touching its upside price target, which means that the decline we see...
2 weeks ago
The US Dollar Soars! USDX’s Biggest Weekly Rally Since 2022
De-dollarization and Sentiment CyclesAll or some of them might be true, but it absolutely doesn’t mean that they have to result in any specific market moves NOW or shortly.Conversely, the proponents of those theories usually become most vocal (or maybe it...
1 week ago