TECHNICALS-Spot gold may test resistance at $2,637

* For more technical analyses, click TECH/C SINGAPORE, Dec 26 (Reuters) - Spot gold XAU= may test resistance at $2,637 per ounce, a break above which could open the way towards $2,650-$2,657 range. The bounce within a rising wedge has extended. The upper trendline of the pattern points at a target of $2,650. It is not very clear where the market will go once it climbs to this level as the wedge may turn out to be either a bullish or a bearish pattern. A break below $2,618 may be followed by a drop into $2,586-$2,598 range. * 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/4gO7xwG ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Reporting by Wang Tao; Editing by Sumana Nandy) (([email protected]; +65 6973 8364/9188 4196))