Gold closed higher on Friday and posted a new all-time high as it renewed this year's rally. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are turning bullish signalling that sideways to higher prices are possible near-term. If it extends this year's rally into uncharted territory, upside targets will now be hard to project. Closes below the 20-day moving average crossing are needed to confirm that a short-term top has been posted.