Gold closed higher on Wednesday. The high-range close sets the stage for a steady to higher opening on Thursday. Prices closed nearer the session high today as traders stepped in to buy the dip and do some bargain hunting at lower price levels. A stronger U.S. dollar and lower crude oil prices did limit the upside in gold today. Gold was also supported today on safe-haven buying support as rioting occurred in Greece due to austerity measures taken by the government to reduce is massive debt. No chart damage occurred on the downside correction.