XAU Trading Outlook (13-01-2011)

Oil &amp Gold (XAU) continue to trend upwards testing $1390 in quiet trade. Overall trading with a low of USD$1376 and high of USD $1389 before ending the New York session at USD$1385 an ounce. Crude was very strong pushing above $92 a barrel before settling just under the figure. WTI Oil Closed +$0.70 at $91.90 a barrel.

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