Comex Gold Seen in Consolidation Mode — RHB
Comex gold futures may continue to consolidate after Monday’s losses, with the bearish “Marubozu” candlestick pattern still intact, says RHB Retail Research’s Joseph Chai. The sideways move could persist before bullish momentum returns, though the overall trading bias remains positive. Immediate support is at $3,350/oz, with initial resistance at $3,500/oz. Spot gold is up 0.1% at $3,359.45/oz.
By- Shahzad Ahmad May 16, 2026 at 3:53 PM (GST) Key Highlights Federal pros...
By- Shahzad Ahmad (Market Analyst | Investor | Trader | Strategist) May 23, 2026 at 1...
SpaceX said a portion of shares in its blockbuster public offering will be sold directly throu...
Market sentiment remained fragile across global financial markets as investors continued to monit...
Global markets ended the week on a stronger footing as easing geopolitical tensions between the US and Iran supported...
Global markets traded cautiously on Thursday as renewed Middle East tensions, rising oil prices, and persistent infla...
Global markets extended their rally as easing geopolitical tensions in the Middle East, falling oil prices, and conti...
