XAUUSD Bullish Harami Hourly Chart

Resistance: well above forecasted values Support: 1735.89 minor/1734.17 minor/1731.83 moderate XAUUSD Hourly charts has a low level bullish pattern, Bullish Harami. Though market is bullish price action is already overextended. New positions should be avoided while open buys should have their stops tightened to just under the patterns low. Learn more about the chart patterns and how to recognize them in our Learning Center: