AGLD: Rebound or illusion? The weakness of bulls is hard to change, and there are hidden foreshadowings under the dominance of bears!
The recent market of AGLD can be best described in one word - "ill-fated". Although there are occasional fluctuations, the overall situation is still trapped in the "weak vortex" and cannot extricate itself. The short-term moving average is like a downward railroad track. The bearish forces accurately control the rhythm on the market, and every rebound attempt is "precisely sniped" as if it has been locked on the target.
What is even more disturbing is that the market's hesitation and wait-and-see sentiment are getting stronger, the amplitude of fluctuations continues to narrow, and the Bollinger Bands are showing a convergence trend. Both the bulls and bears seem calm, but in fact there are undercurrents. But in this sluggish situation, is it possible to hide a hint of unexpected turnaround? Or is this a "silent preparation" before the bears make a bigger move?
The market is like a chess game, and it is still unknown who will laugh to the end!
Pay attention to Brother Jiang and explore the mystery deep in the market. The next opportunity is just around the corner!
