Trade Gold Trading

Sell Limit

A sell limit order is an order used to sell xauusd at better price after price has retraced upward from its prevailing region.

A sell limit order is an order to open sell after market retraces upward within a down ward trend.

A sell limit pending order is only executed when prices moves upwards & retraces to the set sell limit pending level.

Limit Orders: Sell Limit

Sell Limitdefinition - Entry sell limit order is an order to sell a xauusd at a specified price which is a pull-back area where price is predicted to pullback to before it resumes the original trend.

Traders use these sell limit pending orders to open sell at better price.

A sell limit order of this type can be used to sell above the market price level (retracement pullback in a downward market trend).

Sell limit - When selling, your sell limit order is executed when the market price rises to your set sell limit order price. ( retraces upward )

Pending orders sell limit orders are placed by traders when they expect price to pullback down ward after reaching this region.

  • Sell Limit pending order to open sell at a level that is above the prevailing market price level.

Sell Limit

In the examples illustrated & described below a the sell limit order was put to sell at a price above the prevailing gold market price. This is the level for the price pull-back.

Gold Sell Limit Order Meaning - Sell Limit Order - Sell Limit Meaning

Sell Limit Order Used to Sell above the Current Price

The price then rallied, went upto hit the sell limitpending order, & afterward the price continued to move downward in the direction of the original downwards trend.

XAUUSD Sell Limit Order Meaning - XAUUSD Sell Limit Meaning

Gold Price Hits Sell Limit Pending Order

When the price hit the set sell limit order level the sell limit order pending order changed in to a sell order, this is hence a good gold strategy to sell at better price after a pull-back.

Sell Limit Order Meaning - Sell Limit

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