XAUUSD High Wave Doji (Bull) Hourly Chart

Resistance: 1567.36 strong / 1579.13 moderate / 1600.28 minor Support: 1546.21 moderate / 1534.45 minor / 1513.29 minor The Hourly XAUUSD chart is in a bear market with a medium credibility High Wave Doji (Bull) suggesting we look for a turn-around. Consider buys off the immediate support 1546.21, or on a bullish confirmation. A stop loss should be placed just below 1546.21 while the immediate target is 1567.36. A close above 1567.36 will have us looking for a rally to 1579.13.

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