XAUUSD Three Inside Down Hourly Chart

Resistance: 1695.00 strong / 1705.39 moderate / 1717.15 minor Support: 1683.24 moderate / 1672.85 minor / 1661.09 minor Three Inside Down is just under the pivot point at 1695.00 in Hourly XAUUSD charts. With a combination of a high level bearish pattern and a strong resistance consider shorting at market the immediate objective at 1683.24 break of which should see us move to 1672.85. Stop loss should be placed above 1695.00. For pattern explanation and visual identification rules, click here.

Read the original here: 
XAUUSD Three Inside Down Hourly Chart