How Do You Analyze Sell Stop XAUUSD Order & Sell Limit Gold Order?
How to Analyze Sell Stop XAUUSD Order & Sell Limit XAUUSD Order
What is Difference between Sell Limit Gold Order & sell Stop?
What Does Sell Stop Gold Order Mean?
A Sell Stop Gold Order is an order to sell a gold after the price rises to the set sell stop xauusd price level.
The sell stop order is always set to sell below the existing market xauusd prices.
Sell Stop XAUUSD Order
In the example explained and shown below a sell stop order was placed to sell at a level below the current market xauusd price.
The xauusd price of the gold then went down to hit the sell stop order, & afterward xauusd price continued to move downwards.
Setting Sell Stop Gold Order below Resistance Level - What's Sell Stop Gold Order?
The sell stop order is also used to set a pending gold order when there's a consolidation pattern on a gold chart. Sell stop order is used to set a sell gold order just below the consolidation pattern as shown below so that if there is a xauusd price break-out downwards after the consolidation pattern then a new sell gold order is opened - by the sell stop order once the sell stop xauusd price set is reached.
Setting Sell Stop Gold Order in a Gold Breakout - Sell Stop Gold Order Definition & Gold Trading Examples
A Sell trade was generated from the above sell stop pending order when the price broke a support level in the first example and when there was a downward xauusd price breakout after a gold market consolidation pattern on the second sell stop order examples.
What Does Sell Limit Gold Order Mean?
Sell Limit Gold Order definition - Entry sell limit order is an order to sell a xauusd at a certain xauusd price which is a retracement level where xauusd price is predicted to pull-back to before resuming the original Gold trend.
Traders use sell limit pending orders to sell at better market price. These types of sell limit pending orders are provided for in most of +the online trading platforms, for our examples we will use MT4 trading platform.
An entry sell limit order of this type can be used to sell above xauusd market level (retracement pull back in a downwards trend XAUUSD market).
Sell limit - When selling, your entry sell limit order is executed when the xauusd market rises to your set xauusd price. ( retraces up )
Entry orders are placed by traders when they expect xauusd price to pull back downwards after reaching this level.
- Entry Sell Limit Gold Ordersell at a level above the current market level.
Sell Limit XAUUSD Order
In the xauusd trading examples illustrated and described below a the sell limit order was placed to sell at a xauusd price above the current market xauusd price. This is the level for the xauusd price retracement.
Sell Limit Gold Order Placed to Sell above the Current Market Gold Price
Read a Sell Stop XAUUSD Order & Sell Limit Gold Order
