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