DXY is in a Descending Triangle Pattern and a massive Head and shoulders pattern indicated in my previous chart, I expect at least a -10% drop in the DXY in the coming months.
Silver is in a possible inverted head and shoulders pattern. This is my second guess at the neck line which suggest a higher price target for silver. If this plays out silver to $35.
DXY started to form a descending triangle on the 4 hr. I'm leaning towards it breaking downwards by May 1st 2023.
The DXY is in a head a shoulders pattern, the target price for the DXY is in the 90's, I expect at least a 20% drop in the DXY in the near term possibly next 3-6 months Expect Silver and Gold to rise substantially.
I think we are in a dead cat bounce at the moment for Tesla. My price target for Tesla ranges from $60-$90. What do you think? I will scoop up shares for sure in this range if this plays out.