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Could Silver, Gold Be the Big Winners of Election Week?

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thetradingpub.com

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Tue, Nov 5, 2024 05:06 PM

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[] Today's market commentary from TradingPub is here! To view this email as a web page, go [here.]( To view this email as a web page, go [here.]( [] [] [] [Join Jeffry at 5 p.m. ET TODAY for “30 Minutes of Awesome” — his only livestream where he takes your stock requests!]( [] Could Silver, Gold Be the Big Winners of Election Week? [] With the election and FOMC meeting coming this week, volatility is all but certain to shake things up. And when that happens, precious metals like gold and silver become assets to watch closely. These metals are the classic "safe havens" — the go-to for investors when the stock market gets wobbly, particularly when no one quite knows where it’s heading. So let’s dig into what we’re seeing in gold and silver right now, and what traders should consider in this unpredictable landscape. Gold had a strong pullback last week, cooling off after a run-up that looked promising. For anyone holding gold as a hedge, that pullback stung. Weekly trades just didn’t pan out as expected. Now, we’re seeing a potential pattern forming that could bring some clarity. Silver, which typically rides gold’s coattails, is showing signs of hitting a bottom. Silver’s recent chart pattern shows three-wave down move, a classic technical setup often signaling the end of a correction. So, what now? If silver can push back up, we could see some serious upside momentum. If it breaks that barrier, the next resistance around $37 might be in play, with a shot at $40 if it keeps building steam. Election night could be the wildcard... Historically, metals can move as much as 5% on a single day — a huge shift for commodities like silver and gold. And with markets on edge over the election outcome and the Fed's upcoming rate decision, both metals could see explosive movements. Gold and silver don't need massive daily moves to draw attention, so a 5% jump would be significant. For those looking to add precious metals to their hedging strategy, now’s the time to watch closely. Whether it’s a sharp rally or a dip back to test the lows, gold and silver have a good chance of volatility — a trader’s best friend, as long as you're prepared. And this week could be the perfect setup for that big breakout in silver, pushing it back into the spotlight as a prime trading opportunity. Stay tuned — things are about to get interesting. Also don’t forget that I’m live at 5 p.m. ET every Tuesday for “30 Minutes of Awesome”! We’ll cover the markets, and then dive into technical analysis of your stock requests! [You can join the livestream on my YouTube channel!]( [] Jeffry Turnmire Jeffry Turnmire Trading Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! Telegram: [6TdDE7-F6GlhMmJh]( *This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk. [] _______________________________________________ [] Get In Front of Massive ‘Dark Money’ Moves Ahead of the Election Don’t wait! Today’s urgent election event is starting at 2 p.m. ET! In this exclusive broadcast, Alex Reid will reveal his shocking election night prediction… [And an incredible opportunity for traders]( who can get in front of the massive “dark money” moves we’re seeing AHEAD of the election. In 2020, savvy traders had a shot at some of the biggest opportunities of the year. Here’s what happened over the course of the 2020 presidential election year: Due to legislation about rideshare apps, Lyft soared 80% after Biden won. Pharma giant Moderna shot up 433%... And Tesla soared 743% in 2020 around the Biden win… But that could all pale in comparison to what Alex sees coming for 2024. Of course, this has been a controversial and polarizing election. We can’t promise future gains or against losses… But we can promise that you want to tune in to this urgent election broadcast for traders right now. [Join the Room at 2 O’clock!]( [] _______________________________________________ [] Today’s Daily Chart Setup: Columbia Sportswear (COLM) By Jeffry Turnmire This idea came directly from my Daily Chart Setup that automatically signals potential plays. • COLM is a new potential entry. Target: 86.16 Stop below: 74.08 • COLM has a historical win rate of 90.0% • COLM has a profit factor of 4.206 • COLM trades last 49 trading days on average over 20 trades since 1997.This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers: 1. The price breaks upward through the orange Market Roadmap Line. 2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 3. Once it touches the line and starts moving back up, that signals an entry. I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! [You can grab my Market Roadmap Indicator here for just $5]( — less than a cup of coffee at most places! [] _______________________________________________ [] Want to get a link to TradingPub content, trade ideas, real-time market analysis and educational tidbits? We have you covered! Telegram is a messaging app that doesn’t cost you a thing, and getting access is as easy as 1… 2… 3… 1. Download Telegram on your mobile device (Before you can add Telegram to your desktop computer, you must download the application on your phone and create your account • To download to your iPhone, [go here.]( • To download to your Android device, [go here.]( After the download is complete, please create an account. NOTE: You can manage your privacy settings by clicking “Settings,” and then “Privacy & Security.” 2. Download Telegram on your desktop Once you’ve downloaded Telegram onto your mobile device and created your personal account, you can download it onto your desktop computer. To download onto your PC, [go here.]( To download onto your MacOS, [go here.]( 3. Then add our channels by clicking these links! • Live events: [Z91avyCoq-hiNTQx]( • Lance Ippolito: [-gVwEIwGJhplMTgx]( • Graham Lindman: [abM5RWRJKrpkNWI5]( • Chris Pulver: [av20QmeKC5VjOTc5]( • Roger Scott: [_vmfwkeP8fA5YWQ5]( • Kane Shieh: [5p04pfch7oZmZTNh]( • Jeffry Turnmire: [6TdDE7-F6GlhMmJh]( See you there! [] _______________________________________________ [] [] [] [Join Jeffry at 5 p.m. ET TODAY for “30 Minutes of Awesome” — his only livestream where he takes your stock requests!]( [] Could Silver, Gold Be the Big Winners of Election Week? [] With the election and FOMC meeting coming this week, volatility is all but certain to shake things up. And when that happens, precious metals like gold and silver become assets to watch closely. These metals are the classic "safe havens" — the go-to for investors when the stock market gets wobbly, particularly when no one quite knows where it’s heading. So let’s dig into what we’re seeing in gold and silver right now, and what traders should consider in this unpredictable landscape. Gold had a strong pullback last week, cooling off after a run-up that looked promising. For anyone holding gold as a hedge, that pullback stung. Weekly trades just didn’t pan out as expected. Now, we’re seeing a potential pattern forming that could bring some clarity. Silver, which typically rides gold’s coattails, is showing signs of hitting a bottom. Silver’s recent chart pattern shows three-wave down move, a classic technical setup often signaling the end of a correction. So, what now? If silver can push back up, we could see some serious upside momentum. If it breaks that barrier, the next resistance around $37 might be in play, with a shot at $40 if it keeps building steam. Election night could be the wildcard... Historically, metals can move as much as 5% on a single day — a huge shift for commodities like silver and gold. And with markets on edge over the election outcome and the Fed's upcoming rate decision, both metals could see explosive movements. Gold and silver don't need massive daily moves to draw attention, so a 5% jump would be significant. For those looking to add precious metals to their hedging strategy, now’s the time to watch closely. Whether it’s a sharp rally or a dip back to test the lows, gold and silver have a good chance of volatility — a trader’s best friend, as long as you're prepared. And this week could be the perfect setup for that big breakout in silver, pushing it back into the spotlight as a prime trading opportunity. Stay tuned — things are about to get interesting. Also don’t forget that I’m live at 5 p.m. ET every Tuesday for “30 Minutes of Awesome”! We’ll cover the markets, and then dive into technical analysis of your stock requests! [You can join the livestream on my YouTube channel!]( [] Jeffry Turnmire Jeffry Turnmire Trading Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! Telegram: [6TdDE7-F6GlhMmJh]( *This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk. [] _______________________________________________ [] Get In Front of Massive ‘Dark Money’ Moves Ahead of the Election Don’t wait! Today’s urgent election event is starting at 2 p.m. ET! In this exclusive broadcast, Alex Reid will reveal his shocking election night prediction… [And an incredible opportunity for traders]( who can get in front of the massive “dark money” moves we’re seeing AHEAD of the election. In 2020, savvy traders had a shot at some of the biggest opportunities of the year. Here’s what happened over the course of the 2020 presidential election year: Due to legislation about rideshare apps, Lyft soared 80% after Biden won. Pharma giant Moderna shot up 433%... And Tesla soared 743% in 2020 around the Biden win… But that could all pale in comparison to what Alex sees coming for 2024. Of course, this has been a controversial and polarizing election. We can’t promise future gains or against losses… But we can promise that you want to tune in to this urgent election broadcast for traders right now. [Join the Room at 2 O’clock!]( [] _______________________________________________ [] Today’s Daily Chart Setup: Columbia Sportswear (COLM) By Jeffry Turnmire This idea came directly from my Daily Chart Setup that automatically signals potential plays. - COLM is a new potential entry. Target: 86.16 Stop below: 74.08 - COLM has a historical win rate of 90.0% - COLM has a profit factor of 4.206 - COLM trades last 49 trading days on average over 20 trades since 1997. This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers: 1. The price breaks upward through the orange Market Roadmap Line. 2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 3. Once it touches the line and starts moving back up, that signals an entry. I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! [You can grab my Market Roadmap Indicator here for just $5]( — less than a cup of coffee at most places! [] _______________________________________________ [] Want to get a link to TradingPub content, trade ideas, real-time market analysis and educational tidbits? We have you covered! Telegram is a messaging app that doesn’t cost you a thing, and getting access is as easy as 1… 2… 3… 1. Download Telegram on your mobile device (Before you can add Telegram to your desktop computer, you must download the application on your phone and create your account - To download to your iPhone, [go here.]( - To download to your Android device, [go here.]( After the download is complete, please create an account. NOTE: You can manage your privacy settings by clicking “Settings,” and then “Privacy & Security.” 2. Download Telegram on your desktop Once you’ve downloaded Telegram onto your mobile device and created your personal account, you can download it onto your desktop computer. To download onto your PC, [go here.]( To download onto your MacOS, [go here.]( 3. Then add our channels by clicking these links! - Live events: [Z91avyCoq-hiNTQx]( - Lance Ippolito: [-gVwEIwGJhplMTgx]( - Graham Lindman: [abM5RWRJKrpkNWI5]( - Chris Pulver: [av20QmeKC5VjOTc5]( - Roger Scott: [_vmfwkeP8fA5YWQ5]( - Kane Shieh: [5p04pfch7oZmZTNh]( - Jeffry Turnmire: [6TdDE7-F6GlhMmJh]( See you there! [] _______________________________________________ [] Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit [thetradingpub.com/terms-of-service/]( for our full Terms and Conditions. A TradingPub Publication ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. TradingPub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from TradingPub LLC are for your informational purposes only. Neither TradingPub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. TradingPub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by TradingPub 101 Marketside Ave, Suite 404 PMB 318 Ponte Vedra, Florida 32081, United States [] [] Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit [thetradingpub.com/terms-of-service/]( for our full Terms and Conditions. A TradingPub Publication ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. TradingPub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from TradingPub LLC are for your informational purposes only. Neither TradingPub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. TradingPub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by TradingPub 101 Marketside Ave, Suite 404 PMB 318 Ponte Vedra, Florida 32081, United States []

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