M _15 SCENARIO

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Selling gold (XAU/USD) between the levels of $2,642 and $2,639 suggests targeting a bearish move likely anticipated from strong resistance or overbought conditions. Key strategies for this position involve monitoring confirmations such as bearish candlestick patterns or weakening momentum indicators. Stop-loss placement above $2,650 and take-profit targets around $2,620 or lower could align with risk management. This strategy assumes a continuation of downward pressure from macroeconomic factors like a strong dollar or higher Treasury yields.

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