Where Should I Place a StopLoss Gold Order using Gold Trend Lines?

Determining Where Should You Place a StopLoss Gold Order using XAUUSD Trend Lines?

XAUUSD Trend Lines

A Gold trendline can be used to set stop losses where the stop loss order is set just below the trend line.

As long as the trend line holds a trader will be able to continue making profits while trading & at the same time set this stoploss order which will lock his profit once the trend-line is broken.

Example of where to set stop loss orders using Gold trend lines.

Where Should I Place a StopLoss Gold Order using Gold Trend-Lines? - Setting Stop Loss Gold Order below the Gold Trend Line