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CMS Daily Market Report 5th September 2022

 

According to the analysis, gold continued its downward movement last week for the third consecutive week and decreased to the 1688 range. Currently, according to the price position in the daily and 4-hour charts, selling in the range of 1718 is a low-risk option, and there is a possibility that the price will decrease again towards the range of 1684.

According to the analysis, silver fell to the 17.55 range last week and closed at the 18.06 range at the end of the week. Now, according to the price position in the 4-hour chart, any price increase towards the 18.66 range is a selling opportunity, and the way to continue the downward movement towards the 17.36 range is available.

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