XAU/USD

Selling XAUUSD at the current price of 2320/19 is recommended. The entry price is set at 2320.10, with three take-profit levels: 2315, 2312, and 2308. Additionally, a stop loss is placed at 2326 to limit potential losses. This strategy aims to capitalize on a potential downward movement in the XAUUSD pair, with the take-profit levels indicating incremental targets for profit-taking as the price declines. The stop loss serves as a safeguard, ensuring that losses are minimized if the market moves against the intended direction. By carefully setting entry, take-profit, and stop-loss levels, traders can manage risk effectively while pursuing profitable trading opportunities in the forex market.