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See our charts, hear our voice and ask us questions, 5 days/week, during Asian, UK & US sessions. Stop trading alone - join us! Just $29.95 per month.Resistance: 1627.38 moderate/1641.49 minor/1663.03 minor
Support: 1605.84 strong/1591.73 moderate/1570.19 minor
XAUUSD is generally bullish with the Bearish Harami occurring near a strong support level at 1605.84, the Pivot Point. As such it would be best to consider shorting only if we have a close below 1605.84 with a stop loss above the candlestick patterns high. Price target for any subsequent sell-off will be at 1591.73, possibly on to 1570.19 if the former gives way.
Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To aLook At Prices







