XAU Trading Outlook (18-02-2011)

Oil &amp Gold (XAU) continued with its grind higher above $1380 and close on a firm footing. Overall trading with a low of USD$1373 and high of USD $1386 before ending the New York session at USD$1384 an ounce. Picked up aggressively on widespread middle eastern political protests. WTI Oil Closed +$1.47 at $86.46 a barrel.

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