Comex gold futures continued to show an intact bearish technical setup on the daily chart, according to an analysis by RHB analyst Joseph Chai.
According to Jin10, Chai said a recent bullish candlestick pattern suggested selling pressure was “slightly catching its breath,” but the broader technical structure remained negative.
He added that the futures price was still below the 20-day and 50-day simple moving averages.
PRECIOUS METALS | Comex Gold Futures Remain in a Bearish Technical Pattern
2026-06-05 07:22:34
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