CMS Daily Market Report 22nd December 2021

According to the analysis, gold rose to the range of 1800.50 on Tuesday, but with the pressure of sellers in this range, it closed at 1788 at the end of the day. Now, considering the price behavior yesterday, there is a possibility that the price will cross the support range of 1789 and the price will decrease towards the 1776 range.

The pound rose 0.46% on Tuesday, closing at 1.3269 and stabilizing above the support line. Currently, considering the price position in the 1-hour chart, buying in the range of 1.3242 is a low-risk option, and if the price crosses the resistance range of 1.3272, the path to increase the price to the range of 1.3330 will be provided.

To know more download the report…