Before, I posted that SILVER (US$/OZ) was a potential short. Today has shown two indicators (at least that I was wrong at the time. This shows what waiting to put in a position can do for your bank account, We had the 50 and 200 day Moving Averages showing us that there should have been a downward trend and a good opportunity to short. It was the wrong call, Time, a Pitchfork, and a trusty reverse head and shoulders pattern show us that SILVER should be back on its way up, shortly. This is a lesson in patience for me, 100%.
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So far, so good. Enjoy the profits
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Heading Downward. Correct prediction.
