Where Should I Place a Stop-Loss Gold Order using Parabolic SAR Gold Indicator?

Determining Where Should You Place a StopLoss Gold Order using Parabolic SAR XAUUSD Indicator?

Parabolic SAR Technical Indicator

Parabolic SAR is used by traders to set a trailing xauusd trading price stop loss regions

Parabolic SAR provides good exit points which keep trailing the xauusd trading price on a xauusd chart.

In an upwards gold trend, you should close long trade positions when the price drops below the parabolic SAR Indicator

In a downward gold trend, you should close short trade positions when price rises above the parabolic SAR.

Where Should I Place a StopLoss Gold Order using Parabolic SAR XAUUSD Indicator? - How to Set a Stop Loss Gold Order using Parabolic SAR Technical Indicator