XAU Trading Outlook (28-10-2010)

Oil &amp Gold (XAU) fell back on lower US QE2 expectations. Overall trading with a low of USD$1318 and high of USD $1344 before ending the New York session at USD$1327 an ounce. Oil fell back slightly but bounced off lows. WTI Oil Closed -$0.30 at $82.00 a barrel

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