CPM Gold Trade Recommendation
Time Stamp
Prices as of 1:28 p.m. EST 8 June 2026 $4,360.00 (Basis the August 2026 Comex contract).
Recommendation: Sell
Initial Target Price / Range: $4,140
Initial Timeframe: 8 June 2026 to 19 June 2026
Stop Loss: $4,545
Gold prices broke below CPM Group’s previous sell target of $4,375. Prices are likely to weaken further in the coming weeks. That said, prices could take a breather around present levels before continuing lower. Higher than expected interest rates and seasonal weakness in prices are expected to weigh on gold in the near future.
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.
