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CMS Daily Market Report 12th September 2022

 

Gold fluctuated in the range of 1691 to 1729 last week and closed in the range of 1717 at the end of the week. Currently, according to the price position in the daily and 4-hour charts, selling in the range of 1718 is a low-risk option, and there is a possibility that the price will decrease again towards the range of 1684.

After a three-week downtrend, silver rallied more than 4% last week and ended the week in the 18.84 close range. Currently, according to the price position in the 4-hour chart, buying in the range of 18.53 is a low-risk option, and there is a possibility of continuing upward movement towards the resistance range of 19.50.

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