Resistance: 1744.63 strong / 1748.82 moderate / 1755.87 minor
Support: 1737.58 moderate / 1733.39 minor / 1726.34 minor
Three Outside Down is just under the pivot point at 1744.63 in 4-Hour XAUUSD charts. With a combination of a high level bearish pattern and a strong resistance consider shorting at market the immediate objective at 1737.58 break of which should see us move to 1733.39. Stop loss should be placed above 1744.63.
For pattern explanation and visual identification rules, click here.