AGLD: Could This Rally Have More Legs? 🚀🔥
Adventure Gold (AGLD) is showing some serious signs of strength after a solid rally from the $0.70 range all the way to $0.85. 📈 The price has now pulled back slightly, but that’s nothing to panic about. In fact, we might be witnessing a healthy consolidation phase before the next leg up.
With the 7-day and 25-day moving averages trending upwards, the technical setup looks promising. AGLD just needs to maintain its momentum and break past $0.90 to enter the next bullish phase. Volume, however, is something to keep an eye on—it's not quite where we'd like it to be for a full breakout. So, the market could still test support levels around $0.80 if the bulls take a breather.
Stay tuned, this is definitely one to watch for the next few days! Don’t forget to subscribe for more updates and share your thoughts in the comments! 💬👇
