Sell Limit Gold Order
A sell limit order is an order to sell a xauusd at a better price after xauusd price has retraced upward from its current region.
A sell limit order is an order to sell after the xauusd market retraces upwards within a downward xauusd trend.
A sell limit order is only executed when the prices moves upwards and retraces to the set sell limit order region.
Limit XAUUSD Orders: Sell Limit XAUUSD Order
Sell Limit Gold Order definition - Entry sell limit order is an order to sell a xauusd at a specified xauusd price which is a retracement level where xauusd price is predicted to pullback to before resuming the original xauusd trend.
Traders use sell limit orders to sell at better xauusd market price.
A sell limit order of this type can be used to sell above the xauusd market price level (retracement pullback in a downward gold market trend).
Sell limit Order - When selling, your sell limit order is executed when the xauusd market price rises to your set sell limit order xauusd price. ( retraces upward )
Pending gold orders sell limit orders are placed by traders when they expect xauusd price to pullback downwards after reaching this region.
- Sell Limit Gold Order pending gold order to sell at a level above the current xauusd market price level.
Sell Limit Gold Order
In the xauusd trading example illustrated and explained below a the sell limit order was placed to sell at a xauusd price above the current gold market price. This is the level for the xauusd price retracement.
Sell Limit Gold Order Used to Sell above the Current Gold Price
The xauusd price then rallied, went up to hit the sell limit pending order, and afterwards the xauusd price continued to move downwards in the direction of the original downward trend.
Gold Price Hits Sell Limit Gold Order Pending Order
When the xauusd price hit the set sell limit order level the sell limit order pending gold order changed to a sell order, this is therefore a good gold strategy to sell at a better xauusd price after a retracement.
Sell Limit Gold Order Meaning - Sell Limit Gold Order
