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CMS Daily Market Report Monday 23/01/2023

 

According to the analysis, gold fell to the 1896 range last week but closed at the 1926 range at the end of the week. Currently, according to the price position in the 4-hour chart, the 1912 range is the most important leading support range, and buying in this range is a low-risk option.

In last week’s report, we warned about the readiness of the euro to increase the price towards the range of 1.08950. According to the analysis, the currency pair continued its upward movement last week and is now in the range of 1.08950.

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