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#GOLD
By 11/25/2022, the hourly chart for gold appears in the screenshot of the graph.
Due to quotes, the price of the precious metal is currently moving to the support range of $1733.0–1734.0 for one troy ounce.
The following developments are potential in the future:
- As depicted on the chart, the support level stops the current downward trend toward $1763.0-1770.0;
- The support level is broken, and price dynamics are developing downward to $1690.0-1695.0 per 1 ounce.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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