XAU Trading Outlook (19-01-2011)

Oil &amp Gold (XAU) grinded higher for most of the day reclaiming the $1370 level. Overall trading with a low of USD$1360 and high of USD $1377 before ending the New York session at USD$1373 an ounce. Oil was steady in relatively quiet trade. WTI Oil Closed +$0.15 at $91.25 a barrel.

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