Gold Buy Stops - Flag formation on the daily chart

Gold has formed a flag on the daily and has broken it last Friday, today on the higher time frames, the candles have been closing above it so I have set 2 buy stops, one that is conservative and that has the 1:1 risk to reward with 1% risk and another trade with a 1:3 risk to reward ratio with a 1% risk as well. We should never risk more then 2% per set up.