XAU Trading Outlook (21-12-2010)

Oil &amp Gold (XAU) was supported on dips closing at opening levels.Overall trading with a low of USD$1375 and high of USD $1388 before ending the New York session at USD$1384 an ounce. Bounced of a dip in Asia to rally near resistance at $89.50. WTI Oil Closed +$0.79 at $89.40 a barrel.

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