Resistance: 1748.67 strong/1754.64 moderate/1759.40 minor Support: 1743.91 moderate/1737.94 minor/1733.18 minor XAUUSD has a bias for the sell-side. Hourly charts also have a Bearish Engulfing confirming market direction though proximity to a moderate support at 1743.91 suggests we should wait for a close below it before jumping short. The immediate target of any sell-off is 1737.94 break of which sees 1733.18.
Read the rest here:
XAUUSD Bearish Engulfing Hourly Chart