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CMS Daily Market Report 31st October 2022

 

According to analysis, gold fell 1.14% on Friday and closed at 1644 closes on Friday. Currently, the price position in the daily chart shows that the sellers are ready to start a new downward wave and cross the support area of 1622.

According to the analysis, the currency pair grew by more than 2% last week and increased to the range of 1.1645 . Now, according to the price position in the daily and 4-hour chart, any price decrease towards lower levels is a buying opportunity and the path is ready to continue the upward movement towards the range of 1.1746 .

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