CMS Daily Market Report 13th January 2022

Gold rose 0.25% on Wednesday and closed at 1826 range. According to the chart, any price decline towards the 1809 range is a buying opportunity, and the path for price to increase towards the 1855 range is provided.

Silver continued its bullish move on Wednesday like Gold and rose 1.6% and closed at 23.14 at the end of the day. Currently, according to the price position in 4-hour chart, any price decline towards the lower levels is an opportunity to buy and support from trend line around 22.96 range is the most important support area for price and any possible reaction to this area is important.

 

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