Sell Stop Order Definition
A Sell Stop Order grants permission to sell gold once the price has successfully reached the predetermined sell stop price level.
A sell stop order is always positioned to trigger a sell trade execution at a price lying beneath the current market rate.
Sell Stop
In the subsequent diagrams, a sell stop order was established to initiate a short trade at a price point below the prevailing market price.
The price subsequently declined to hit the sell stop order, later continuing its downward trajectory.

Placing a Sell Stop order beneath the established resistance zone - Clarification of a Sell Stop Order.
A sell stop order sets a pending sell below a consolidation pattern on the chart. As shown in the example, it triggers a sell if prices break down after consolidation. The order opens once the stop price is hit.

Setting a Sell Stop Order During a Price Breakout - Instructions for Placing a Sell Stop Order in Gold Trading.
A Sell trade was opened from the above pending sell stop when the price broke a support level in the first example and when there was a downwards price break-out after a consolidation chart setup on the second sell stop order illustrations.
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