XAU Trading Outlook (20-12-2010)

Oil &amp Gold (XAU) USD strength saw a test of $1365 but this held steady and the precious metal finished roughly unchanged. Overall trading with a low of USD$1364 and high of USD $1378 before ending the New York session at USD$1375 an ounce. Oil closed above $89 in the new February Contract month. WTI Oil Closed +$0.31 at $88.90 a barrel.

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