Comex gold remains in consolidation, says RHB
Published on September 26, 2025
Published on September 26, 2025
Comex gold futures are still in a consolidation phase, RHB Retail Research’s Joseph Chai notes in a report. A narrow candlestick on Thursday’s daily chart reflected neutral momentum, suggesting sideways price action. The precious metal continues to trade within range, with $3,800/oz acting as the immediate resistance. A decisive break above this level could lift sentiment and open the way for a bullish move toward the next resistance at $4,000/oz, Chai adds. Spot gold inched 0.1% higher to $3,752.32/oz.
TECHNICAL REASONS 1. Price Sitting on a Major Long-Term Support Zone ($60–$62) Your chart shows PYPL retestin...
The Dow Jones Industrial Average closed higher on Tuesday, extending its recent winning streak as investors weighed t...
Gold climbed toward $4,150 per ounce on Wednesday, nearing a two-week high after delayed U.S. economic data boosted e...