Daily Market Analysis 16.12.2022: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1780.55 with take profit at 1783.29 Bearish Preference: Sell position is envisaged if price trades below 1772.92 with take profit at 1770.38 Fundamentals: No major fundamental Comment: Gold prices were muted on Friday after logging sharp losses in the prior sessions as growing fears of a recession were compounded …





