XAUUSD, 15-MINUTES TIMEFRAME CHART
XAUUSD, 15-minute timeframe chart
General outlook
XAUUSD has been under buying pressure within the last couple of hour . The pair moved to the level of 2,569.00.
Possible scenario
The best way to use this opportunity is to place a sell limit order at 2,579.
Set your stop loss at 2,587. below the previous low ($8.00 loss for 0.01 lot) and take profit at 2,550. ($19.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
General outlook
XAUUSD has been under buying pressure within the last couple of hour . The pair moved to the level of 2,569.00.
Possible scenario
The best way to use this opportunity is to place a sell limit order at 2,579.
Set your stop loss at 2,587. below the previous low ($8.00 loss for 0.01 lot) and take profit at 2,550. ($19.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
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