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Gold closed slightly higher on Friday as it consolidates some of last week's rally. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible near-term. If it extends the rally off July's low, the reaction high crossing is the next upside target. Closes below the 20-day moving average crossing would temper the friendly outlook.