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CMS Daily Market Report 24th August 2022

Gold’s downtrend stopped at the 1730 support zone on Tuesday and closed at the 1747 zone at the end of the day . Currently, according to the price position in the daily and 4-hour chart, the range of 1761 is the most important leading resistance range, and selling in this range is a low-risk option.

The euro fell to the 0.99006 range on Tuesday but ended the day closing in the 0.99672 range . According to the price position in the daily and 4-hour chart, the range of 0.99180 is the leading obstacle to continue the downward movement towards the range of 0.97625.

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