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CMS Daily Market Report 4th November 2022

 

According to the price position in the 4-hour chart, the 1655 range is the most important leading resistance range . According to the downward trend of gold, selling in the range of 1655 is a low-risk option.

According to the analysis, the currency pair decreased by 0.67% on the previous day and closed in the range of 0.97500 . Now, according to the price position in the 4-hour chart, any price increase towards the 0.98350 range is a selling opportunity, and the way to continue the downward movement towards the 0.96800 range is available

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