$EGLD is trading around $6.82 on the 15m timeframe after a rejection near $6.90. Price dipped to the $6.69 support and showed a mild bounce, but momentum is still weak.
Key levels to watch:
Support: $6.69 – $6.75
Resistance: $6.88 – $6.92
As long as price stays below $6.90, this looks like a range / lower-high structure. A clean break and hold above resistance could open room for a short-term reversal. Lose $6.69, and downside continuation is likely.
Patience here — let price confirm direction.
Not financial advice.
