CMS Daily Market Report 23rd December 2021

Gold fell to 1785 on Wednesday, but with the support of buyers in this range, rose 0.82% at the end of the day and formed a bullish engulfing. At the time of writing, the price is in the resistance range of 1805 and the price has not been able to cross this resistance range in the past few hours.

In the report of the last few days, we mentioned the readiness of silver buyers to increase the price to higher levels. According to the analysis, silver rose 1.29% on Wednesday and closed above the resistance level of 22.60 for the first time in December.

 

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