XAU Trading Outlook (11-02-2011)

Oil &amp Gold (XAU) was well supported on dips to $1350 to finish roughly unchanged. Overall trading with a low of USD$1350 and high of USD $1366 before ending the New York session at USD$1364 an ounce. Finished slightly higher on middle eastern issues. WTI Oil Closed +$0.50 at $87.52 a barrel.

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