{"id":21320,"date":"2023-10-30T07:30:28","date_gmt":"2023-10-30T11:30:28","guid":{"rendered":"https:\/\/www.jeffclarktrader.com\/?p=21320"},"modified":"2023-10-30T07:30:28","modified_gmt":"2023-10-30T11:30:28","slug":"get-ready-to-jump-back-into-this-volatile-market","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/get-ready-to-jump-back-into-this-volatile-market\/","title":{"rendered":"Get Ready to Jump Back into This Volatile Market"},"content":{"rendered":"

Jeff’s Note: <\/strong>This morning at 11 a.m. ET, I’m sharing the cornerstone trading strategy I used to retire at 42…<\/p>\n

It’s centered around a strange anomaly in the gold market<\/a>. It happens seemingly overnight, day after day… And you could leverage it to receive payouts like 269%, 273%, and 1,285% without owning any gold.<\/p>\n

All it takes is one simple move in your regular brokerage account. To learn more, click right here<\/a>.<\/p>\n

Now, read on for the latest gold update from my colleague, Imre Gams…<\/p>\n

\n

Gold can be a very difficult market to trade.<\/p>\n

It’s highly emotional, volatile, and prone to big price swings…<\/p>\n

I’ve seen more than one trader blow their account trying to tame the yellow metal.<\/p>\n

But it’s not just short-term traders that struggle with gold. Buying and holding gold over the long run can also be a frustrating experience.<\/p>\n

Here’s an example…<\/p>\n

In 2011, gold put in a new all-time high of around $1,920. Gold didn’t top that level until August 2020, when it peaked at around $2,076.<\/p>\n

Right now, it’s currently trading around $1,980.<\/p>\n

I hope you see my point – those price swings can be frustrating to deal with. If you hang on to gold for too <\/em>long, it might not do much for your portfolio.<\/p>\n

The secret is staying on the sidelines while gold is moving sideways or drifting lower… That’s when gold is getting ready for another big move – and it’s time to jump in.<\/p>\n

Sometimes those moves are more technical in nature. That kind of price action can make for great trades, but you must be nimble.<\/p>\n

Get in. Get out. Collect your profits and move on to the next trade.<\/p>\n

But the best moves happen when there’s a fundamental catalyst supporting a technical one, too.<\/p>\n

And that’s exactly the situation we find ourselves in right now.<\/p>\n

The armed conflict in the Middle East has kicked off geopolitical uncertainty, and it’s driving investors towards safe-haven assets like gold.<\/p>\n

Right now, gold is out-performing other traditional safe havens like bonds, the dollar, and the Japanese yen.<\/p>\n

Bonds have suffered a historic beating since putting in a top in March 2020. On a year-to-date basis, the Japanese yen is down over 14.5%. And relative to the dollar, gold has gone up 8.9% so far this year.<\/p>\n

My analysis suggests we’re not going to get just a few days<\/em> of great action in gold. The move we’re about to see is going to be a lot more exciting than that.<\/p>\n

You can expect that outperformance on gold’s part to continue for the next several weeks if not months.<\/p>\n

To get a better idea of what’s to come, let’s look at gold from a technical perspective:<\/p>\n

<\/p>\n

\"Image\"<\/p>\n

Notice that we’re currently trading above a cluster of three important moving averages (the colored lines).<\/p>\n

Gold has been able to break above the 20-, 50-, and 200-period moving averages. The last time this happened was back in late 2022.<\/p>\n

At the time, gold was trading around $1,803. Gold went on to rally from December 2022 to May 2023, gaining nearly 14% in the process.<\/p>\n

We could be seeing something very similar happening right now.<\/p>\n

<\/p>\n

\n
\n

Free Trading Resources<\/strong><\/p>\n

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 \u2013 at zero cost to you. Just click here<\/a> to check it out.<\/p>\n<\/p><\/div>\n<\/div>\n

<\/p>\n

This is an excellent time to be taking a closer look at gold. And today at 11 a.m. ET, Jeff Clark will be doing just that.<\/p>\n

For an exclusive look at his game plan for capturing great short-term gains in this market, just click right here to secure your spot<\/a>.<\/p>\n

Happy trading,<\/p>\n

\"Signature\"<\/p>\n

Imre Gams<\/p>\n

<\/p>\n

\n

READER MAILBAG<\/h2>\n<\/div>\n

Do you think gold is heading for a rally?<\/p>\n

Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com<\/a>.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Gold can be a very difficult market to trade.<\/p>\n","protected":false},"author":55,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"service":"","footnotes":""},"categories":[1],"tags":[],"publication":[10],"person":[76],"newsletter-type":[],"ticker":[],"class_list":["post-21320","post","type-post","status-publish","format-standard","hentry","category-market-minute","publication-market-minute","person-imre-gams"],"acf":[],"_links":{"self":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/21320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/comments?post=21320"}],"version-history":[{"count":0,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/21320\/revisions"}],"wp:attachment":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/media?parent=21320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/categories?post=21320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/tags?post=21320"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/publication?post=21320"},{"taxonomy":"person","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/person?post=21320"},{"taxonomy":"newsletter-type","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/newsletter-type?post=21320"},{"taxonomy":"ticker","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/ticker?post=21320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}