XAU Trading Outlook (15-11-2010)

Oil &amp Gold (XAU) major downside moves where seen on heavy unwinding of long positions. Overall trading with a low of USD$1360 and high of USD $1395 before ending the New York session at USD$1370 an ounce. Oil Crashed through $85 support on China tightening concerns. WTI Oil Closed -$2.93 at $84.88 a barrel.

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