CPM Gold Trade Recommendation
Time Stamp
Prices as of 9:20 a.m. EST 22 December 2025 $4,460 (Basis the February 2026 Comex contract).
Recommendation: Stay Long
Initial Target Price / Range: $4,500
Initial Timeframe: 22 December 2025 to 2 January 2026
Stop Loss: $4,420
CPM Group’s last buy recommendation target of $4,440 was hit overnight. Gold prices are at $4,460 at the time of writing this report. Prices are expected to continue rising in the short term, with the next target at $4,500. While CPM continues to expect stronger prices into the first quarter of next year, there could be some short term profit taking at the $4,500 level.
CPM has one-month, three-month ranges and eight-quarter quarterly price projections with greater discussion of the factors behind CPM’s analyses provided in CPM’s monthly subscription service, the Precious Metals Advisory.
While short-term trade recommendations provide high risk – high reward opportunities for investors, it is difficult to capture the complex web of factors affecting precious metals prices and the nuanced CPM analyses of these factors that goes into our firm’s price projections. In addition to these short-term outlooks, CPM Group provides clients enhanced trade recommendations that include one and three month price projections, as part of our Retail Investor Program. Contact CPM at info@cpmgroup.com for details.
Notes:
Initial Target Prices and Timeframes are just that: Initial. If CPM does not issue a new Recommendation during or after that time it indicates that CPM maintains the posture in the most recent Trade Recommendation. Position may be closed out once target price is reached, within the noted discretion or until CPM provides new trade recommendation. CPM may have reported to have closed out of prior trade recommendation at its discretion before publicly publishing new trade recommendation due to processing time.
Discretion should be allowed at +/- 0.20% of the price at the time each TR is issued from the target.
CPM’s preferred investment strategies use physical, futures, forwards, and options.

