XAU Trading Outlook (06-10-2010)

Oil &amp Gold (XAU) popped higher in the US session shooting quickly to fresh record highs above $1340. Overall trading with a low of USD$1312 and high of USD $1342 before ending the New York session at USD$1340 an ounce. Oil resumed its rally on improving investor confidence. WTI Oil Closed +$1.05 at $82.55 a barrel.

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