XAU Trading Outlook (30-11-2010)

Oil &amp Gold (XAU) grinded higher supported on strong Oil prices and safe haven demand. Overall trading with a low of USD$1352 and high of USD $1370 before ending the New York session at USD$1368 an ounce. Oil surged bucking the rest of the market trend rising on Middle Eastern tensions and strong US data. WTI Oil Closed +$2.00 at $85.75 a barrel.

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