Place a Sell Stop for XAUUSD at 2600. The pair has formed a bearish candle on the daily chart, marking one of the strongest bearish signals seen in a long time at this price level. This presents a potential opportunity for a calculated risk.
Sell Stop: 2598.974 Take Profit: 2073.5 Stop Loss: 2800.01 Risk-to-Reward Ratio: 2.35 Adjust your position size based on your risk tolerance and the amount you are comfortable losing.