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CMS Daily Market Report 21st July 2022

 

According to the analysis, silver rose to the 19.09 range on Wednesday, but with sellers pushing in this range, it ended the day down 0.38% and closed at the 18.67 range. Now, according to the price position in the 4-hour chart, any price increase towards higher levels is a selling opportunity, and the way to reduce the price towards the 18.25 range is available.

According to the analysis, the currency pair increased to the range of 1.02694 last day and continued its upward movement for the third consecutive day. Now, according to the price position in the 1-hour chart, the path is ready to continue the corrective movement towards the range of 1.03641, and any price decrease towards lower levels is a buying opportunity.

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