I'm not sure where you get the idea that $4 will be the 'new support'. LT chart suggests that there might be some resistance around $4.00 to $4.10, though with the momentum GXY SP has ATM, it might just sail through. Then again, it's possible that, being a round number, it will take quite a bit of volume to push above $4.
GW
Chart, page-3808
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