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GOLD, correction time and next destination

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Investroy  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Support and Resistance Supply and Demand Candlestick Analysis XAUUSD Gold goldtrading commodity priceaction Technical Analysis investroy
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supportandresistance supplyanddemand candlestick xauusd gold goldtrading commodity priceaction technicalanalysis investroy
After FOMC news release yesterday, a massive bearish candle pierced through 1844 level of support, which was previously a level of resistance. Now, it needs some correction and rest. The price is located near an important structural level at the moment. Therefore, we are getting ready to open some long positions and aim for the previously broken area of support, before we can see some further decline in the price.

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