CFDs on Gold (US$ / OZ)
Short

XAUUSD, 15-MINUTES TIMEFRAME CHART

119
XAUUSD, 15-minute timeframe chart

General outlook
XAUUSD has been trading side ways within the last couple of hour.the pair moved 2770-2788

Possible scenario
The best way to use this opportunity is to place a sell limit order at 2,788.

Set your stop loss at 2,795. below the previous low ($8.00 loss for 0.01 lot) and take profit at 2,768. ($20.00 profit for 0.01 lot).

The risk-reward ratio for this order is 1:1.


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