$EGLD is currently at $49.45, up 6.53% over the past 24 hours.
The daily setup remains bullish. RSI(6) is at 67.72, approaching overbought territory but not there yet. MACD is positive, moving averages remain in a bullish alignment and SuperTrend continues to point upward.
However, EGLD is already up 85.21% over the past 30 days, so this isn’t exactly an asset that has been sleeping.
The more interesting setup is whether the current trend can hold after a pullback. Strong momentum is there, but continuation matters more than chasing the move.
The daily setup remains bullish. RSI(6) is at 67.72, approaching overbought territory but not there yet. MACD is positive, moving averages remain in a bullish alignment and SuperTrend continues to point upward.
However, EGLD is already up 85.21% over the past 30 days, so this isn’t exactly an asset that has been sleeping.
The more interesting setup is whether the current trend can hold after a pullback. Strong momentum is there, but continuation matters more than chasing the move.
