IT" DOUBLE BOTTOM..... $160 ???

In the 4 hourly chart, EGLD formed double bottom pattern..
no. 1 - BREAK the $134 area.
no. 2,3,4 - RETEST multiple time.
no. 5 - got REJECTION from previous resistance.

if egld price is above the $142 area then we will see EGLD near aprox the $160 otherwise it again retest the $136 area in the immediate short term......
Chart PatternsTrend Analysis

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