NY cocoa may retest resistance at $5,538

New York December cocoa ICEUS:CC1! may retest a resistance at $5,538 per metric ton, a break above which could lead to a gain into $5,665-$5,793 range.A projection analysis suggests a completion of a wave c from $6,206, as a decent bounce occurred around the key support at $5,124, the 100% level an…