What is the point of having such a wide stop on a rising wedge??? If you expect 1220 to protect your position than it's not a rising wedge any more. A rising wedge either collapses at the high point or not. In this particular case I'd be out of the short a long ago. Trading Gold on H1 is very hazardous, imo. When Gold starts a rally it's like a freight train at high speed - you don't wanna be in the way, mate.