$EGO In $EGO, the piercing line setup off the 50 EMA two weeks ago initially gave bulls a tactical edge, signaling dip-buying interest and a potential short-term trend reversal. However, the inability to sustain momentum on the follow-through is a red flag, especially as price pushed back into prior support that has now flipped into resistance, classic role reversal indicating overhead supply. Last week’s upper-wick spinning top reflects clear indecision, but more importantly, rejection at resistance, showing that sellers are stepping in on strength and absorbing demand. From a psychological standpoint, early longs from the pivot are now facing stalled price action and may begin to reduce exposure, while sidelined bears regain confidence as the move loses structure. If selling pressure initiates early next week, it could trigger a wave of profit-taking and weak-hand exits, so tightening risk management and avoiding complacency here is key as the setup teeters between a pivot with limited follow through and potential downside continuation. $AEM $GOLD $NEM $KGC $AU $HMY $AGI $IAG $OR $WPM $PAAS $FNV