XAU/USD

The current selling zone for XAUUSD is identified between the levels of 2292 and 2294. This suggests a potential opportunity for traders to capitalize on downward movements in the market. To maximize gains and manage risk, it's recommended to set take-profit levels at 2285, 2280, and 2275, allowing for incremental exits as the price declines. Additionally, implementing a stop-loss order at 2300 can help mitigate losses in case the market moves against the anticipated direction. By strategically planning exit points and risk management measures, traders can navigate the volatility of XAUUSD with greater confidence and effectiveness