XAUUSD, 15-MINUTES TIMEFRAME CHART
XAUUSD, 15-minute timeframe chart
XAUUSD touched the resistance level of 2,667.00
General outlook
XAUUSD has been under buying pressure within the last couple of hours. The pair moved to the resistance level of 2,667.00.
Possible scenario
The best way to use this opportunity is to place a sell limit order at 2,665.
Set your stop loss at 2,670. below the previous low ($5.00 loss for 0.01 lot) and take profit at 2,644. ($21.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
XAUUSD touched the resistance level of 2,667.00
General outlook
XAUUSD has been under buying pressure within the last couple of hours. The pair moved to the resistance level of 2,667.00.
Possible scenario
The best way to use this opportunity is to place a sell limit order at 2,665.
Set your stop loss at 2,670. below the previous low ($5.00 loss for 0.01 lot) and take profit at 2,644. ($21.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
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