XAU Trading Outlook (18-11-2010)

Oil &amp Gold (XAU) Gold managed a small bounce back to above the $1340 level. Overall trading with a low of USD$1330 and high of USD $1345 before ending the New York session at USD$1337 an ounce. Oil weakness continued even as US Oil inventories fell heavily for a second week. WTI Oil Closed -$1.92 at $80.42 a barrel.

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