Where should you set a stop loss order using resistance zones?
Set Stop Loss Orders Using Key Resistance Levels
Resistance Areas
Resistance levels can be used to set stop loss levels where the stoploss orders are set just above the resistance area.
- Sell Trade - StopLoss Order set few pips above the resistance level

Sell Trade - StopLoss Order set a few pips above the resistance area
More Help Guides and Online Classes:
- Top Platforms for XAU USD: Desktop, Web, and Mobile Reviews
- How to Use MetaTrader 4 XAUUSD Platform Strategy Tester Guide Tutorial
- Keltner Bands XAUUSD Indicator
- Consolidation Patterns in Gold
- XAUUSD Pivot Points Support & Resistance Levels
- How Can I Read MT5 App and Download MetaTrader 5 App?
- Why Does XAUUSD Market Close for an Hour?
- How to Start a MT5 XAU/USD Expert Advisor on the MT5 Platform
- Setting Up the Market Facilitation Index on a Gold Chart

