$AGLD Shorting Opportunity Analysis

$AGLD recently rose from $1.7 to $2.6, an increase of over 30%. If you are looking for a shorting opportunity, you may want to observe the price approaching the $2.6 area, where there may be strong selling pressure. When the price breaks through this area and fails to continue rising, and market depth shows a backlog of sell orders, it is a good time to go short. Additionally, if the RSI exceeds 70, indicating that the market is in an overbought state, the risk of a pullback increases, which is also a shorting signal.

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