Analyst: The resilience of gold's adjustment is evident ahead of the Federal Reserve decision.

Last week, the record high in the gold market saw a significant drop compared to the previous week, closing at $3240.60 per ounce, with a weekly decline of about 2.28%. However, analysts pointed out that despite the selling pressure, there are no signs of panic in the market. Therefore, the price of gold may consolidate within a higher range.