Who employs a 4¼-minute price flow channel as the fastest measure one can reasonably argued it makes sense to monitor?
Gold uses the somewhat "wobbly"
medium purple and
pale violet-red 4¼-minute baseline along with its associated price flow channels at 0.02% and 0.07% deviation to represent the precious metal's fastest actionable trend, as confirmed by the
aqua nine-minute baseline.
Natural gas also uses what is, for this fuel, a wildly unstable
medium purple and
pale violet-red 4¼-minute price flow channel at 0.20% deviation to track fluctuating price action, as confirmed by its
yellow ten-minute baseline.
However, the
foreign currency pairs jump to the
cornflower blue and
light coral six-minute price range envelope at 0.05% deviation, as confirmed by the
yellow ten-minute baseline.
Contrast this with
crude oil, which fills this role using a rather erratic
dark blue and
firebrick 8½-minute price range envelope at 0.10% deviation.
So then,
silver is the only one of these assets that goes with a
faster measure, using an unreliable
navy and
maroon three-minute price range envelope at 0.10% deviation, along with a more stable
steel blue six-minute price flow channel at 0.07% deviation (a measure it shares in common with the
Forex pairs, though with a different deviation level)—both confirmed by a
yellow baseline.
Hence,
silver,
natural gas and the
Forex pairs all look to the
yellow ten-minute baseline for guidance/confirmation, with
gold doing essentially the same thing via its
aqua nine-minute baseline. (
Crude oil's
dark blue and
firebrick 8½-minute price range envelope at 0.10% deviation is already slow enough that it doesn't really need a ten-minute confirmation measure.)
