This Metal is Showing Huge Upside Potential

We write about gold a fair bit here at Market Minute. [Jeff Clark's Market Minute]( Jeff’s Note: A 14-year trading veteran with substantial experience in technical analysis, my colleague Imre Gams is the world’s #1 expert in pattern recognition. And now he’s passing this knowledge on to you through [JACOB.ai]( – a new system that he’s trained for trading stocks, options, currencies, and more using pattern recognition. Yesterday we went live with JACOB to show you how this AI masterpiece works. If you weren’t able to attend, [check out the video here](. It won’t be online much longer. Imre discussed his GOAT Trade and has given full details on three tickers to help you earn next-level profits. JACOB and Imre are unearthing opportunities within the market that you won’t want to miss out on. [Click here]( to take advantage now. --------------------------------------------------------------- This Metal is Showing Huge Upside Potential By Imre Gams, analyst, Market Minute We write about gold a fair bit here at Market Minute. Just last week, Jeff Clark wrote: “Gold stocks are about to explode higher. The price chart looks amazing. The fundamentals are all lining up.” Since then, the Vaneck Gold Miners ETF (GDX) is up nearly 10%. But today, I want to share an opportunity in a different precious metal… At the beginning of my career, I traded a nine-figure precious metals and currencies managed account for a small group of ultra-high-net-worth investors. Recommended Link [Trading Millionaire Reveals, “2008 Was My Most Profitable Year”]( [image]( If you’re fed up and stressed out with what’s happening in America, you’re not alone. Even the NY Times reports, “A Tidal Wave of Bankruptcies Is Coming” – that could create a historic market crisis like we saw in 2008. So, let me ask you a question… Do you think things will get MORE or LESS uncertain from here? Either way, Jeff Clark couldn’t care less... Because all this volatility presents one of the best opportunities he’s seen since 2008… when he used [ONE stock to become financially free.]( He simply IGNORES 99% of the entire stock market… And still delivers 100%, 373%, and [390% gains in just 8 days]( in bullish AND bearish markets. He’s used this secret to help 170,000 regular folks see [triple-digit gains over 48 times]( and double-digit gains over 81 different times. Now it’s your turn. [Click Here To Get The Name of The Stock, FREE.]( -- Much of my focus was on gold during this time, but we also traded significant volume in the silver, palladium, and platinum markets. Recently, I caught up with one of my old trading partners from that fund. As the conversation veered to the markets (inevitable, right?), we realized that we’d both spotted the same setup in silver. This is a trade with huge upside potential. So, let me walk you through the opportunity on the chart below. [(Click here to expand image)]( Silver is tracing out a very bullish chart pattern. Prices have recently broken above a cluster of key moving averages. The first thing to pay attention to on this chart is the breakout above the 20-, 50-, and 200-period moving averages. This kind of breakout is a very strong sign of intent by the bulls. The three moving averages indicate the direction of the short-, intermediate-, and long-term trends. Breaking above all three moving averages clears the way for a much larger move to the upside. The second important feature of this chart is the larger triangle pattern (blue lines) that silver has been trading in. This triangle has been containing prices since early 2021. But this chart pattern is a pressure cooker. As prices move up and down within the pattern, the pressure builds. Prices eventually make their way to a point where the trendlines of the pattern cross. That’s when the pressure releases. We’re almost there. See, triangles are typically trend continuation patterns. That means the pressure almost always releases in the direction of the larger underlying trend. In the case of silver, the larger trend is bullish. Let’s take another look at the chart above… [(Click here to expand image)]( Notice the big runup in prices from the lows of 2020 to the highs of early 2021. This kind of movement is part of the trending phase of the market. After the trending phase is complete, one of two things will happen… The first possibility is that the trend will reverse entirely. The second is that prices will either pull back or consolidate in a sideways pattern. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. In this case, the triangular shape of the price action since February 2021 makes it clear that we’re seeing a bull market pullback. And if prices can break out above the resistance line of the pattern, that provides even more evidence to suggest that the price of silver could surge. My target for this pattern is around $35. That would bring silver back to where it was trading in October 2012. Now seems like a good time to load up on silver. Happy trading, [Signature] Imre Gams READER MAILBAG Do you think silver will surge? Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com. IN CASE YOU MISSED IT… [Digital currency and “concerns of snooping”]( The end is near… Our financial system is now being transformed in a way that would’ve been unthinkable just a few years ago. And almost nobody is prepared for the chaos that follows. According to Reuters’ London office, the European Central Bank is getting closer to launching the digital euro… And some 130 countries are exploring digital cash. Supporters think “it will modernize payments…and provide an alternative to physical cash, which seems in terminal decline.” But questions remain mainly about government overreach and “concerns of snooping.” Investigative journalist and former Goldman Sachs managing director Dr. Nomi Prins has been following the rollout of the U.S. FedNow system of digital currency. She has recorded a free presentation that will show you everything you need to know about it… And to help you prepare for what’s coming worldwide. It’s controversial, but Nomi’s interview is a must-watch for anyone with more than $2,500 in an American bank or retirement fund. [Click here to find out how to prepare now for this historic transformation.]( [image]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2023 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](