RHB analyst Joseph Chai says daily-chart technicals for COMEX gold futures remain bearish. A recent bullish candlestick shows a minor pause in selling pressure, but the overall bias is still to the downside. Futures prices remain below the 20-day and 50-day simple moving averages.

2026-06-05

RHB analyst Joseph Chai says daily-chart technicals for COMEX gold futures remain bearish. A recent bullish candlestick shows a minor pause in selling pressure, but the overall bias is still to the downside. Futures prices remain below the 20-day and 50-day simple moving averages.