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How to Read Buy & Sell XAUUSD Orders in MT5 Gold Charts

How Do You Analyze Buy & Sell XAUUSD Orders in MT5 Gold Charts?

To open a buy or a sell xauusd trade in MT5 platform - open the Market Watch Window, Select the XAUUSD Quote you want to open a XAUUSD Trade with, open the xauusd chart of the instrument symbol by double clicking on the xauusd quote, then from the xauusd chart open a buy or sell xauusd trade using the MT5 order window shown below:

Place New Gold Order on Tools Menu in MetaTrader 5 Software

A new buy or sell order to buy or sell xauusd can be found on the tools menu that is found in the MT5 XAUUSD Trading Platform. The "New XAUUSD Order" button for placing a new trade transaction on the MT5 platform is shown below. (MetaTrader 5 Short Cut Keyboard Keys 'F9')

Buy & Sell Gold Orders on MT5 Gold Charts - Buy Order vs Sell Order - How to Open a Gold Order on Gold Platform

How to Read Buy & Sell XAUUSD Orders in MT5 XAUUSD Charts

Placing a New XAUUSD Order

As a xauusd trader, once you select the new xauusd order button key as illustrated above the following trade order popup window will appear. This pop up includes settings for placing a new trade transaction.

Choose Buy to open a Buy XAUUSD Trade

Select Sell to open a Sell XAUUSD Trade

Buy & Sell Gold Orders on MT5 Gold Charts - Gold Trading Trade Analyze and Set Gold Order in Gold Platform

How to Read Buy & Sell XAUUSD Orders in MT5 XAUUSD Charts

The Following Setting are specified for setting a new gold trade order:

  1. Quote - Specify the instrument to be traded.
  2. Volume - The Number of Lots to be transacted
  3. Stop Loss Gold Order - Set Stop Loss XAUUSD Order, This option can be set after opening the trade, or for pending xauusd orders
  4. Take Profit Gold Order - Set Take Profit XAUUSD Order, This option can be set after opening the trade, or for pending xauusd orders
  5. Type: Market Execution or Pending XAUUSD Order
  6. Sell by Market - Open a Sell XAUUSD Trade
  7. Buy by Market - Open a Buy XAUUSD Trade

To Buy at current gold price choose Buy by Market button key

To Sell at current gold price choose Sell by Market button key

Analyze Buy & Sell XAUUSD Orders in MT5 XAUUSD Charts?

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