XAUUSD, 15-MINUTE 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 support level of 2,738.00.

Possible scenario
The best way to use this opportunity is to place a buy order at 2,752.

Set your stop loss at 2,745 below the previous low ($6.00 loss for 0.01 lot) and take profit at 2,772 ($20.00 profit for 0.01 lot).

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