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CMS Daily Market Report Thursday 26/01/2023

Key levels: support 1804, 1836, 1862, 1872, 1896, 1910, 1930 resistance 1955, 1975

In yesterday’s report, we warned about the readiness of gold to increase its price towards higher levels.

According to the analysis, gold continued its upward movement for the third consecutive day and closed in the 1946 range.

Now, according to the price position in the 4-hour chart, buying in the 1939 range is a low-risk option, and the way to continue the upward movement towards the 1975 resistance range is ready.

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