If the previous Higher low is broken, the chances are, the price may go down. There is also resistance at the current price.
If the sell-stop order does not hit and the price goes high, we will still look for the sell trade after the next higher high.
XAUUSD - Sell Stop
Entry: 2022.40
Stop loss: 2032.71
Take profit: 2011.98
If the sell-stop order does not hit and the price goes high, we will still look for the sell trade after the next higher high.
XAUUSD - Sell Stop
Entry: 2022.40
Stop loss: 2032.71
Take profit: 2011.98