Interesting moment coming for $EGLD, chart-wise.

We have seen egold testing the 50-day exponential moving average (1D50EMA) three times since breaking it downwards on December 18.

1D50EMA is currently at $16.77/egld. Price is at $16.10.

What do you think will happen this time?

Bounce back down or break it out to the upside?

Previous attempts were on:

January 3 to 7, January 16 to 19, and March 2 to 3.

Before becoming a significant resistance level, the 1D50EMA was being a significant support level for EGLD.