Market Structure Shift: AGLD's recent drop below $0.531 indicates a liquidity grab that has cleared weaker positions, confirming a bullish reversal and signaling strong demand for upward movement.
Fair Value Gap for Entry: The price range of $0.54–$0.56 is identified as a low-risk entry point, where traders can position themselves for potential gains while managing risk with tight stop losses.
Targeting Previous Week’s High: The analysis suggests targeting last week’s high around $0.674 as a key resistance level, where profit-taking may occur, aligning with favorable risk-to-reward conditions.
Strategic Long Positioning: The overall strategy combines liquidity grabs, market structure confirmation, and fair value imbalances to create a structured approach for long positions in AGLD.
