This post is dedicated to silver as the projected period of consolidation set in my previous Gold & Silver post finished last week on Tuesday, the 18th of April. Let’s see the result of that “Cloning” experiment below.
Chart 1. Snapshot Of Experiment Result: Good Range Wrong Timing
The chart above is a snapshot of the projected graph within the “Cloning” experiment posted earlier. As we see the price didn’t follow the red down arrow and reversed higher up to the top of the rectangle where it was blocked successfully. And the anticipated down move started right at the end of projected period missing the time target. [Read more...]