TECHNICALS-Spot gold may climb to $2,559 per ounce

* For more technical analyses, click TECH/C SINGAPORE, Sept 6 (Reuters) - Spot gold XAU= may climb to $2,559 per ounce, as it has risen above a neutral in a range of $2,473 to $2,511. The rise suggests a continuation of the uptrend. Driven by a wave C, the trend may extend to $2,636, the 200% projection level of a wave C from $1,984. A close below $2,511 on Friday would complicate the picture, as the break above this level will look doubtful. The target of $2,559 has to be temporarily aborted. On the hourly chart, the market is rising towards $2,529, the high of a Darvas box. Once confirmed as a bullish continuation pattern, the box will suggest a target of $2,590. The confirmation will be when the market breaks $2,529. Support is at $2,507, a break below which could trigger a drop to $2,493. * Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. ** No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult their own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses. <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ xau https://tmsnrt.rs/47iKZAv tech https://tmsnrt.rs/3Zgw2gq ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Reporting by Wang Tao; Editing by Subhranshu Sahu) (([email protected]; +65 6973 8364/9188 4196))