EGLD is still in consolidation between the longterm trendline and the EMA 50D.
Volume indicator MFI has been almost broken the resistance and so does OBV.
If break-out happens (likely), ELGD will have a good chance to reach november 2022 level (i.e +50%).
A referenced SL would be below the EMA 50D ($38.7).
הערה:
ELGD is making a nice breakout
הערה:
Retest done and ELGD is going up
