CMS Daily Market Report 3rd December 2021

Currently, according to the price position in the 4-hour chart, the price is supported in the downside channel range. Due to the downward trend in prices, short in the range of 1778 to 1780 is a low risk option.

According to the analysis, on Thursday, the downward movement of silver stopped at around 22.20 and the price increased by 0.22% at the end of the day. Currently, considering the price position in the 4-hour chart, buying in the range of 22.36 is a low risk option and the way is provided for the price increase to the range of 22.90.

 

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