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Gold closed higher on Friday and The mid-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are turning neutral to bullish hinting that a short-term low might be in or is near. Closes above the 20-day moving average crossing would confirm that a short-term low has been posted. If it extends this month's decline, the 38% retracement level of the 2008-2011-rally crossing is the next downside target.