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