SPDR Gold Trust
Short
Aggiornato

Short Gold, Bear Wedge

160
Expecting small correction in gold, ~2-4%. Same pattern on GC1!. I'd expect this pattern to resolve before the end of January.

GLD has pretty liquid options!
Trade chiuso: stop raggiunto
Stopped out; using stops with options might be tricky to do without always getting stopped out. This kind of move against me is pretty standard for wedge plays. Still figuring risk management out.
Trade attivo
Opened position again at a lower price.
Trade chiuso manualmente
I am now a disciple of the church of the Ichimoku cloud, and it is bullish. I think I should stop following a single pattern irrespective of anything else.

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