Technical analysis by fortune_00 about Symbol AGLD: Buy recommendation (5/10/2024)
https://sahmeto.com/message/1792095

fortune_00
Rank: 21064
Analytical Power:
1.3
$AGLD - Good low-risk swing long
Buy
Price at Publish Time:
$1.09
Profit Target:
(+19.40%)$1.3
Stop Loss Price:
(-13.75%)$0.939

AGLD price has been reacting pretty well to a strong demand zone right below 1usd mark. The price just broke out from a price resistance aswell as broke out from an RSI resistance. This is pretty bullish. Price should break 1.113 mark in order to establish a proper CHoCH, and a pullback towards 1-1.05 should be a proper position for a swing long. Stop loss below previous low, and right inside the demand zone.TP reached! Price ALMOST touched our stop loss.
Source Message: TradingView