XAU Trading Outlook (11-01-2011)

Oil &amp Gold (XAU) was very contained orbiting around the $1370 level. Overall trading with a low of USD$1364 and high of USD $1376 before ending the New York session at USD$1375 an ounce. Crude Oil found strength on news that an Alaskan pipeline was shutdown. WTI Oil Closed +$1.00 at $89.40 a barrel.

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