On the DAILY
chart, price is being contained within the MIDAS R1 greed and fear curve as well as the T-Line. Going down the the 4 HOUR
time frame there is a clear break to the downside in form of a bearish engulfing
signal + a close BELOW
the T-Line taking out the previous demand and closing below the 50 day MA, indicating that the bears have stepped in. Price will now head down towards recent lows.