XAU Trading Outlook (04-02-2011)

Oil &amp Gold (XAU) surged higher after a quiet few session to break to the topside on middle eastern tensions. Overall trading with a low of USD$1324 and high of USD $1356 before ending the New York session at USD$1352 an ounce. Was supported on a dip towards $90 a barrel to finish roughly unchanged. WTI Oil Closed -$0.08 at $90.80 a barrel.

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