For a long-term plan, this is what it looks like. If 1783.5 hold as a strong resistance then gold is likely to go down to attempt the lower support again with the target level of 1764 / 1756 / 1735 / 1725 / 1711. However, FOMC is around the corner, the price action may swing and stretch to liquidate more position before continuing the fall. As long as the price stays below 1803 then this idea is still valid in my opinion.