A few days before $AGLD , it was suggested that if the weekly line stands above the 1.84 area, there would be a 60% increase. Yesterday, it directly hit the target without any deviation. If it cannot stay above the 2.956 area, it will similarly return to the 1.84 area. The weekly line entity has broken through the consolidation box that lasted for 427 days, so it would be strange if it didn't rise.

Why did $AGLD drop? We can understand this by looking at the large-scale weekly chart. The 1.84 area is a resistance level from ancient times. This position was tested once in 2022 and five times in 2024. If the weekly close cannot stay above the 1.84 area, there is a risk of retracing back to the 0.68 area for further testing, with a potential decline of 61%. It previously consolidated at the bottom for 525 days before breaking into the current range, and it has already been in wide fluctuations for 427 days. There have been four unsuccessful attempts to break upward. If it can successfully break out of this range, there will be a potential increase of 60% in the future.