Gold possible bearish movement.
In my trading approach, I employ Andrew's Pitchfork, leveraging its median line as a significant indicator. This line typically contains price movement around 80% of the time, offering a reliable framework for analysis. Alongside, I integrate Fibonacci Retracement, with particular attention to the 38.2% ratios. This level often serves as a critical point for identifying entry and exit positions on the chart, enhancing the precision and effectiveness of this trading strategy.
Trade active
Sell@2017.54Note
Target@1951.10Trade closed manually
@2016.74
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.