XAU Trading Outlook (26-10-2010)

Oil &amp Gold (XAU) did well in the weak Dollar environment but gave up most of the gains in the US session. Overall trading with a low of USD$1332 and high of USD $1350 before ending the New York session at USD$1340 an ounce. Oil moved in step with stocks edging higher on the day. WTI Oil Closed +$0.59 at $82.28 a barrel.

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