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Gold closed higher on Wednesday extending the rally off January's low. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible near-term. Multiple closes above December's high crossing would renew this winter's rally into uncharted territory. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted.