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Momentum is shifting bullish as the the EMAs start to cross over and MACD points up. With the way the stock is moving it could push towards and retest its all time high of 9.29.
Past 4 days apha as been going up, MACD has crossed showing that the trend is moving up.
short gain to retest the res at 9.15
Momentum has full crossed point in the downward direction. As well as ichimoku cloud showing red symbolizing a short trend. for additional conformation day chart has been red for 4 straight days.
The 4 hour trendline has been broken. short toward monthly level of 1.27000 could be be reached within the week.
gold had resisted from month res 5 times in the past few months. the potential for a break is very possible.