Two pending orders
On XAUUSDm two pending orders sit waiting, one above the price and one below. Neither is a prediction: they are the bet that the price will break one way or the other.
- The market picks the side. There is no trend indicator and no bias filter before the two orders go in. The one that fills is the price's answer, not a prior opinion about where it was going to move.
- The one that does not fill is cancelled. As soon as one enters, the other stops making sense and is pulled.