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