RHB: COMEX futures may attempt to break through the $4,400 resistance again next week
2025-12-21 07:21:46
Comex is likely to make another attempt to break through resistance at $4,400 an ounce next week as investors position ahead of key US economic data, RHB Investment Bank Bhd said in a report on Friday. If there is a breakout, gold prices could continue their bullish trajectory towards the next resistance at $4,500. If selling pressure increases, prices could fall back to the 20-day simple moving average. For now, we maintain our positive trading bias.
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