Commodities

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.

Published on August 14, 2025 | 203 views

Key Takeaways

Key takeaway: Comex gold futures may continue to consolidate after Monday’s losses, with the be...
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