Gold closed sharply higher for the third day in a row on Wednesday as it extended this year's rally to another new all-time high. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are turning bullish signalling that sideways to higher prices are possible near-term. If it extends this year's rally, upside targets will be hard to project now that October is trading into uncharted territory. Closes below the 20-day moving average crossing are needed to confirm that a short-term top has been posted.