Where Should I Place a Stop-Loss Gold Order using Resistance Zones?

Determining Where Should You Place a StopLoss XAUUSD Order using Resistance Levels?

Resistance Levels

Resistance levels can be used to set stop loss levels where the stoploss orders are set just above the resistance area.

• Sell Trade - Stop Loss Gold Order set few pips above the resistance level

Sell Trade - Stop Loss Gold Order set a few pips above the resistance area