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CMS Daily Market Report 16th February 2022
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CMS Daily Market Report 16th February 2022
According to the news of the possibility of peace between Russia and Ukraine, the upward movement of gold stopped in the range of 1879 and at the end of the day decreased by 0.96% and closed in the range of 1853. Now, given the technical position of gold in the 4-hour chart, any price increase towards the 1868 range is an opportunity to sell, and there is a possibility of price correction to lower levels.To get more news about broker trade cms prime, you can visit wikifx.com official website.
In yesterday’s report, we mentioned that silver is in the range of the uptrend channel ceiling in the 4-hour chart and there is a possibility of price correction up to the range of 23.25. According to the analysis, silver lost more than 2% of its value on Tuesday and closed in the range of 23.36.
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