XAUUSD

The current selling zone for XAUUSD is between 2370 and 2375. This suggests a market sentiment favoring the selling of gold against the US dollar within this price range. Traders may consider setting take-profit levels at 2360, 2350, and 2325, indicating potential exit points where they aim to lock in profits as the price declines. Meanwhile, a stop-loss order at 2386 is recommended to limit potential losses if the market moves against the anticipated direction. This setup reflects a strategic approach to trading gold, aiming to capitalize on downward price movements while managing risk effectively.