SINGAPORE: Spot gold may rise into a range of $1,828-$1,830 per ounce, as it has broken a resistance at $1,817.
The uptrend from $1,753.30 has extended. It is developing within a rising wedge, which suggests a target zone of $1,828-$1,830.
Support is at $1,809, a break below which may cause a fall into $1,785-$1,797 range.
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