Gold closed higher on Thursday and the high range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI remain bullish signalling that sideways to higher prices are possible near term. If it extend the rally off June's low, the 25% retracement level of the 20122013decline crossing is the next upside target. Closes below the 10day moving average crossing would temper the near term friendly outlook.