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#GOLD
The 4-hour chart displays the price move by September 30, 2022.
The resistance level of $1,676.75 per troy ounce will serve as a crucial factor in the coming two days.
In case the price makes a downward retracement from this level, it could test the recent low and plunge to $1,590.00
Alternatively, if the price breaks the resistance level, it will reach the landmark level of $1,700.00.
Please be aware of higher volatility for this trading instrument in the nearest trading hours. Good luck in trading!
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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