This document discusses different order types used for gold trading, including market orders, limit orders, and stop orders. Market orders execute immediately at the current price, while limit orders only execute once a specified price threshold is reached. Buy limit orders are placed below the current price and sell limit orders above. Stop orders trigger trades that continue an established trend, with buy stops placed above the current price and sell stops below. Understanding these order types is important for traders to use the right order for their trading needs and strategies.

2.  Gold Trading Orders
 Market & Entry Order
 Categories Of Entry Orders
 Buy & Sell Limit Order
 Buy & Sell Stop Order
 Gold News & Analysis

3.  To trade Gold successfully a trader need to learn about
the different trading orders that are used when it
comes to trading gold.
 A trader must learn each type of order so that they can
use it for its correct purpose.
 The most important thing to remember is that you
must understand the orders that you place when
trading Gold, and never place an order that you are not
familiar with.

4.  Market order is the most basic order that is used to
trade gold.
 This order is used to buy or sell at the current bid or
ask quote.
 This is the price that is currently appearing on your
trading platform.
 This order is used for buying and selling according to
the present price that is quoted.
 The execution of this order is instant - the minute that
as a trade you want to buy or sell you can use this order
to enter a trade by buying or selling at the current
market price at the click of a button.

5.  These orders are used to open a new trade after the
market price has reached a price specified by the
trader.
 These orders are used to enter a trade at a specified
price level.
 Because sometimes a trader may not have the time to
monitor the market all the time then a trader will set
these entry orders so that when a particular price level
is reached then the specified order will be executed
automatically and a buy or a sell trade will be opened.

6. Entry Limit
 An order to buy or sell Gold at a particular limit.
The limit can either be below or above the current
price.
 A limit that is below the current price is used for
buying
 A limit that is above the current price is used for
selling
 These orders are placed by traders when they expect
the market to bounce back after reaching the level at
which the entry limit was placed.

7.  Order specifying to buy at a level that is below the
current market price.
 This order is set by a trader who wants to buy Gold, but
does not want to buy at the current price but wants to
wait until Gold hits a support level - and buy the Gold
once price hits this support level.
 To do this a trader will set the Buy Limit Order at this
Support Level that is below the price.
 This order will be executed once price fall to the buy
entry limit level.

8.  Order specifying to sell at a level that is above the
current market price.
 This order is set by a trader who wants to sell Gold, but
does not want to sell at the current price but wants to
wait until Gold hits a resistance level - and sell the
Gold once price hits this resistance level.
 To do this a trader will set the Sell Limit Order at this
Resistance Level that is above the current price.
 This order will be executed once price rises to the sell
entry limit level.

9. Entry Stop
 An order to buy above the current price that is
continuing to move upwards or sell below the
current price that is continuing to move
downwards.
 This orders are set when a traders feels that the
current trend is going to continue, but the traders
want to buy at a higher price maybe after a price
breakout or sell at a lower price after a price
breakout.

10.  Specifies to buy Gold at a level above
the current market price.
 When buying this order is executed as
the market goes up and hits the buy
stop entry level.

11.  Specifies to sell Gold at a level below the current
market price.
 When selling this order is executed as the market
goes down and hits the sell stop entry level.
 These orders are also used to trade the market
when there is a consolidation pattern.
 A trader will place an order to buy above the
consolidation pattern and also another order to
sell below the consolidation pattern.

12.  XAU/USD hits fresh two-month highs near
$1790 as US dollar tumbles.
 US Treasury yields and USD to ease later in
the year, allowing for XAU/USD gains –
HSBC.
 XAU/USD hits fresh two-month highs near
$1790 as US dollar tumbles.
 Gold Price Analysis: XAU/USD to target
$1,800 with a daily close above $1,785.