A break of this rising-wedge to the downside would activate shorts. If we don't get a break to the downside shorts would not be active.
Ordine annullato:
Broke to upside
Trade attivo:
Adjusted wedge with break to downside now shorts are active
Trade chiuso manualmente
Commento:
Trade was closed manually due to the equities markets hitting new all time high and closing in all time resistance. Incase the SP500 would experience a draw down at this resistance the price of gold would increase as the USD decreases. For that reason the trade was closed manually.