🔹 Trend Overview: After a prolonged downtrend, #AGLD has entered a strong accumulation phase, signaling a potential trend reversal.
🔹 Key Levels to Watch:
Resistance: 1.4
Support: 0.865
🔹 Trading Plan:
We are watching for a breakout above resistance to confirm an uptrend. If volume supports the move, it could trigger a strong rally.
🔹 Confluence Factors:
Fibonacci Levels Aligned
Volume Increasing
RSI Showing Bullish Divergence
🔹 Trade Setup:
Long above 1.4
Stop Loss: 0.865
Targets: 2.18 & 3
🔹 What do you think? Will #AGLD break out or fake out? Drop your thoughts below!
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