What are MT4 Pending XAUUSD Orders?

There are two types of xauusd pending gold trade orders:

These are Limit orders & Stop orders as described below:

Limit XAUUSD Orders on MT4 Platform

To set up these limit xauusd orders on MT4 platform use the following procedure explained:

1. Right click on xauusd chart
2. Choose "Trading" Option on the Menu
3. Then Select "New" Order Option on the Popup widow that pops up
4. Then on the trade setup popup panel that appears (illustrated below), under the label "Type" choose the option of "Pending XAUUSD Order" instead of "market execution" order
5. Under the pending xauusd order options select the pending xauusd order type: for This trade choose "Buy Limit XAUUSD Order" or "Sell Limit Gold Order" so as to set a pending limit xauusd order

Setting Limit Gold Orders in MT4 - Set Pending Limit Gold Orders in MetaTrader 4?

Stop XAUUSD Orders on MT4 Platform

1. Open a XAUUSD Gold Trading Chart
2. Right-Click on the Chart to open the Trade "Order" Window
3. On the Trade Order Window Panel, Choose Pending XAUUSD Order as shown below
4. Select Pending Order Type as Buy Stop or Sell Stop XAUUSD Order as Shown below
5. After selecting Buy Stop XAUUSD Order or Sell Stop Gold Order - Click "Place" Order and specify the sell stop gold price level where the order will be opened

Steps to Setting Stop Gold Orders on MetaTrader 4