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CMS Daily Market Report 27th October 2022

Gold rose 0.74% on Wednesday and ended the day above the 1660-close range. Now, according to the position in the 4-hour chart, the upward movement of gold has stopped in the resistance range of 1668.

Silver fell to the 18.80 range on Tuesday but is now in the 19.52 range with buyers supporting the range . According to the price position in the daily chart, the range from 19.67 to 19.76 is the most important leading resistance range and there is a possibility of stopping the upward movement in this range.

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