Daily Market Analysis 16/12/2021: GOLD
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1788.45 with take profit at 1790.86. Bearish Preference: Sell position is envisaged if price trades below 1783.55 with take profit at 1780.96. Fundamentals:2:30pm USD Philly Fed Manufacturing Index USD Unemployment Claims3:15pm USD Industrial Production m/m3:45pm USD Flash Manufacturing PMI3:45pm USD Flash Services PMI Comment: European …