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.
Trade closed: target reached
TP reached! Price ALMOST touched our stop loss.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.