🚨 $AGLD /USD ALERT: HIGH VOLATILITY ZONE 🚨
On the 4-hour chart, AGLD has recently seen a sharp decline, currently down by 17.91%. The price action indicates significant downward pressure, bringing it close to potential support zones.
Current Price: 1.490
Entry Price for Trade: 1.495
💡 Key Levels to Watch:
🚧 Resistance Level 1: 1.550 – This is a critical barrier. If AGLD breaks through, we could see a potential recovery towards higher targets.
📉 Support Level: 1.480 – Holding above this level is essential to prevent further downside.
📈 Take-Profit Targets:
1. 1.520
2. 1.540
3. 1.560
📉 Stop-Loss: 1.470 – Set below support to minimize risk if bearish momentum continues.
⚠️ Caution: Traders should watch for stability at these levels or any breakout signals to gauge momentum shifts. Be prepared for potential volatility as AGLD tests these critical areas.
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