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Spot Gold May Rise Into $4,183-$4,198 Range

Spot gold may break resistance at $4,162 per ounce and rise into the $4,183-$4,198 range, according to a technical analysis.

GOLD

8% retracement of the downtrend from $4,218 to $4,073. The pattern between Oct. 7 and Oct. The former is bearish while the…