XAU Trading Outlook (27-01-2011)

Oil &amp Gold (XAU) rallied on the back of the dovish FOMC statement. Overall trading with a low of USD$1324 and high of USD $1347 before ending the New York session at USD$1343 an ounce. Oil found support at $86 and rallied sharply. WTI Oil Closed +$1.36 at $87.55 a barrel.

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