XAU Trading Outlook (20-01-2011)

Oil &amp Gold (XAU) was subdued in a range testing $1380 resistance. Overall trading with a low of USD$1366 and high of USD $1380 before ending the New York session at USD$1370 an ounce. Oil fell back in the new contract month. WTI Oil Closed -$0.60 at $91.50 a barrel.

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