Resistance: 1781.18 moderate/1787.53 minor/1794.95 minor

Support: 1773.76 strong/1767.41 moderate/1759.99 minor

Overall bias in XAUUSD is bullish with the Bullish Harami just above a strong support level. Though a low level bullish reversal candlestick pattern, given the strong support consider taking a buy with 1781.18 as the immediate target, possibly further on to 1787.53. A stop loss should be placed below 1773.76, the Pivot Point. The prudent course of action is to look for a confirming big white candlestick first before buying.

Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To aLook At Prices