Resistance: 1739.89 strong/1751.45 moderate/1765.09 minor

Support: 1726.25 moderate/1714.69 minor/1701.05 minor

Evening Star (Doji) is just under the pivot point at 1739.89 in Hourly XAUUSD charts. With a combination of a high level bearish pattern and a strong resistance consider shorting at market the immediate objective at 1726.25 break of which should see us move to 1714.69. Stop loss should be placed above 1739.89.

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