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CMS Daily Market Report 19th August 2022

According to the analysis, since the beginning of the week, gold has decreased by more than 2.62% and is now in the range of 1754. According to the price position in the 4-hour chart, any increase in the price towards the 1762 range is a selling opportunity, and the way to decrease the price towards the 1742 range is available.

According to the analysis, silver has decreased by more than 6% since the beginning of the week and is now in the range of 19.40. Considering the sharp price drop in the past few days and also the importance of the 19.34 support range, the possible reaction of buyers in this range is important.

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