At level 40 a good monk is nearing remort. Your kit should maximize mana, saves, and regeneration across every slot, with holy wield as a situational bonus. Dragon lairs, Celestial Fortress, and Frostholt smiths hold the last upgrades before you leave the path.

Light

Neck

Body

Legs

Feet

Hands

Arms

Shield

About

Waist

Wrist

Finger

Wield

Hold

Aura

Hip

Composite and shops