Gold closed higher on Thursday and remains poised to extend the rally off May's low. The mid-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible near-term. If it extends the rally off May's low, May's high crossing is the next upside target. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted.