CMS Daily Market Report 7th January 2022

According to the analysis, gold fell more than 1% on Thursday and closed in the range of 1790. Now, according to the price position in the 4-hour chart, any price increase towards the 1802 range is an opportunity to sell, and there is a way to reduce the price towards the 1776 range.

Silver lost more than 2.62% of its value on Thursday, hitting a sharp decline in the range of 22.19. Due to the pressure of sellers in the past few days, now any price increase towards the range of 22.60 is a sell opportunity and the way is provided for the reduction of the price towards the range of 21.30.

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