Investroy

GOLD, correction time and next destination

Long
OANDA:XAUUSD   Or / Dollar Américain
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.

What do you think, family? Feel free to drop your ideas in the comment section below!

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