$4,219 Sets First Recovery TriggerSince a lower swing high of $4,219 has been established at Wednesday’s high, that is short-term resistance and the first level that would need to be recovered before there is a chance that gold goes higher. Resistance that would follow is near the lower swing high at $4,316. A recovery above each of those levels would signal a reversal of the very short-term downtrend, which is bullish.Confluence Near $4,316 Raises StakesThe $4,316 area gains significance since it is reinfo ...