Resistance: 1575.22 strong/1584.18 moderate/1591.72 minor
Support: 1567.68 moderate/1558.72 minor/1551.18 minor
Market bias for GOLD is bearish with prices under a strong resistance level at 1575.22 the Pivot Point. Given that Bullish Harami is a low level bullish reversal pattern it is necessary to look for a close above the strong resistance first before taking action. Immediate objective when taking a buy should be a push for 1584.18 break of which opens 1591.72, a stop loss should be placed below the patterns low.
Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To Look At Prices