XAU Trading Outlook (22-12-2010)

Oil &amp Gold (XAU) was subdued but well supported holding above $1380. Overall trading with a low of USD$1380 and high of USD $1392 before ending the New York session at USD$1389 an ounce. Grinded higher to the key $90 a barrel level. WTI Oil Closed +$0.50 at $89.90 a barrel.

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