XAU Trading Outlook (17-02-2011)

Oil &amp Gold (XAU) found support at $1370 and pushed to $1380 as the uptrend resumed. Overall trading with a low of USD$1367 and high of USD $1382 before ending the New York session at USD$1375 an ounce. Oil pushed higher on bullish Weekly US Oil inventory data. WTI Oil Closed +$0.67 at $84.99 a barrel.

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