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How Do I Set a Sell Stop XAUUSD Order on MT4 Platform?

The example illustrated and described below explains how to set a sell stop order in the MT4 software.

A sell stop order is an order to sell gold at a xauusd price that's below the existing market xauusd price.

Setting Sell Stop Gold Orders on MetaTrader 4 Software

  1. Open a Gold Trading XAUUSD Trading Chart
  2. Right Click on Chart to open the Trade 'Order' Window Panel
  3. On the Trade Order Panel, Select Pending Gold Order as shown below
  4. Select Pending order Type as Sell Stop Gold Order as Show below
  5. After selecting Sell Stop XAUUSD Order - Click 'Place' Order & specify the sell stop xauusd price level where the order will be opened

How Do I Set a Sell Stop Gold Order in MT4? - How to Set a Sell Stop Gold Order in MT4

Steps to Setting Sell Stop Gold Orders on MT4