Gold closed sharply higher on Monday as it extends the rally off June's low. 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 bullish signalling that sideways to higher prices are possible near term. If it extend the rally off June's low, the reaction high crossing is the next upside target. Closes below the 20day moving average crossing would temper the near term friendly outlook.