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......