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CMS Daily Market Report 29th August 2022

 

Gold rose to the 1765 range last week but is now in the 1723 range with sellers pushing in this range . According to the price position in the 4-hour chart, any price increase towards the 1736 range is a selling opportunity, and if the price crosses the 1718 support range, the path will be provided to reduce the price towards the 1684 range.

According to the analysis, silver rose to the 19.43 range on Friday last week, but is now in the 18.50 range with sellers pushing in this range. According to the price position in the daily chart, the 18.30 range is the most important leading support range.

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