What's Difference between Stop Gold Orders & Limit Gold Orders in Gold Trading?
How to differentiate Between stop XAUUSD orders & limit Gold orders
Stop orders are set to buy above or to sell below the current market xauusd trading price
Limit orders are set to buy or sell at a better xauusd trading price after a xauusd trading price retracement.
It is easier to first of all remember one concept. The easier concept is that of Stop Gold Orders - Stop Gold Orders are set above & below the current market xauusd trading price.
To learn how to set up these pending xauusd trade orders read the tutorials:
Setting up Buy Limit Gold Order & Sell Limit Gold Order in MetaTrader 4
Setting up Buy Stop Gold Order & Sell Stop Gold Order in MetaTrader 4
What is the Difference between Stop Gold Orders & Limit Gold Orders in Gold Trading