XAU Trading Outlook (02-12-2010)

Oil &amp Gold (XAU) consolidated the move higher on Tuesday unable to break above the key $1400. Overall trading with a low of USD$1381 and high of USD $1397 before ending the New York session at USD$1388 an ounce. Oil surged with US stocks pushing an already strong market higher. WTI Oil Closed +$2.61 at $86.72 a barrel.

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