XAU Trading Outlook (10-02-2011)

Oil &amp Gold (XAU) consolidated above $1360 in a tight range. Overall trading with a low of USD$1357 and high of USD $1367 before ending the New York session at USD$1364 an ounce. WTI Stabilized after heavy selling in recent days, Brent Oil extended gains extending above $100. WTI Oil Closed +$0.08 at $87.02 a barrel.

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