CMS Daily Market Report 15th December 2021

According to the analysis, gold rose to the range of 1789 on Tuesday, but at the end of the day fell 0.91% and closed in the range of 1770. Now, according to the technical position of the price in the daily chart, any price increase towards the higher levels is an opportunity to sell and the way to reduce the price to the 1726 range is provided.

The pound has stabilized above the resistance line and the level of 1.3210 in the last few days. On the other hand, the currency pair could not cross the resistance range of 1.3275 in the last two days, which indicates the weakness of buyers in this range.

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