I think TSLA will make its way down if we break below $195 support. If it doesn't make a higher low in this trading range (above $195 as support), this will go down to $150 again imo We also are rejecting a 50% fibonacci on the daily (from recent high rejection, dragged to subsequent low (downward fib) All my opinion.
I strongly STRONGLY believe GOLD is the safest hedge in this economy. Now a value bet as well: due to recession/inflation/real estate conditions etc. JPM told you BTC was going to $100,000 when it was at $60,000, now they're telling you BTC is a Ponzi Scheme. HERES THE CATCH Smart money wants you to *think* that they're buying BTC and saying the opposite...
Gold is Bullish. They want to distract you with the "fools gold" (crypto) while they buy the real gold (XAUUSD). They'll tell you to sell when they're buying - just as the banks have been with Gold. Stay Classy and enjoy the new Bull Cycle. (Physical Gold is preferred imo) Check RSI on 3Month chart as well ;) Not financial Advice