Gold closed higher on Monday and the high range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI remain neutral to bearish signalling that sideways to lower prices are possible near term. If it extends the decline off last October's high, last May's low crossing is the next downside target. Closes above the 20day moving average crossing would confirm that a short term low has been posted.
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