XAUUSD, 15-MINUTES TIMEFRAME CHART

XAUUSD, 15-minute timeframe chart

General outlook
XAUUSD has been under selling pressure within the last day . The pair moved up to the level of 2,590.00.

Possible scenario
The best way to use this opportunity is to place a buy order at 2,592.

Set your stop loss at 2,585. below the previous low ($7.00 loss for 0.01 lot) and take profit at 2,625. ($32.00 profit for 0.01 lot).

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