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@2017.54

Comment:

Target@1951.10

Trade closed manually:

@2016.74