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For more technical analyses, click TECH/C SINGAPORE, Oct 16 (Reuters) — Spot gold may break a resistance at $4,183 per ounce and rise into the $4,198-$4,218 range. The metal has broken a resistance at $4,162, the 61.8% retracement of the downtrend from $4,218 to $4,073. The break increases the metal's chance to revisit
For more technical analyses, click TECH/C SINGAPORE, Oct 15 (Reuters) — Spot gold may break a resistance at $4,162 per ounce and rise into the $4,183-$4,198 range. Resistance is the 61.8% retracement of the downtrend from $4,218 to $4,073. The pattern between Oct. 7 and Oct. 14 looks like either a flat pattern or a dou