XAU Trading Outlook (03-12-2010)

Oil &amp Gold (XAU) tested $1400 but failed and reversing sharply. Overall trading with a low of USD$1382 and high of USD $1399 before ending the New York session at USD$1389 an ounce. Oil traded higher towards the $88 up nearly $5 this week. WTI Oil Closed +$1.21 at $87.96 a barrel.

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