3 double-bottoms while forming a triangular formation. In early 2022, a Breakout above the upper (green) triangle leg occurred, whereafter a classical Pullback to the apex of the triangle followed. Now at the apex, the decision is made whether the Thrust (final movement out of the triangle) is to the down- or upside. I bet to the upside...
SUPERCHARGING UPSTATE NEW YORK TO A BATTERY MANUFACTURING HUB: Senator Chuck Schumer supports Zinc8 expansion plans Zinc8`s cutting-edge battery technology aligns perfectly with his work to expand battery storage capabilities in the Bipartisan Infrastructure Law. www.rockstone-research.com
Lynas Rare Earths Ltd. (AEX: LYC) vs MP Materials Corp. (NYSE: MP) vs VanEck ETF vs Commerce Resources Corp. (TSXV: CCE)
Currently, Silver in USD drops while USDX goes up, whereas USDX has now reached a resistance while Silver has landed on strong support. This looks like the bottom for silver and thus LONG silver.
Most of the times, when USDX goes up, Gold and Silver go down. However, there are time periods in which USDX goes down along with gold and silver. Or times when USDX goes down and gold and silver go down. Such bad market times for gold and silver happen, however these tend to be somewhat short-lived. For longer periods of time, gold and silver tend to go up...
USDX versus Gold & Silber (DEUTSCH) 2008-2011 in German in Euro USD Index