Gold closed lower on Monday and below the 10-day moving average crossing. The mid-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term. Closes below the reaction low crossing are needed to confirm that a short-term top has been posted. If it renews this spring's rally into uncharted territory, upside targets will now be hard to project.