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CMS Daily Market Report 22nd July 2022

According to the analysis, gold fell to the 1681 range on Thursday, but ended the day up 1.32% to close at the 1719 range with buyer demand in this range. Now, according to the price position in the daily chart, the path is ready to correct the price towards higher levels, and any price decrease towards lower levels is a buying opportunity.

Coinciding with the upward movement of gold on Thursday, silver also grew by 1.01% at the end of the previous day and formed a bullish candle. The behavior of the price in the past day shows the dominance of buyers in this range.

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