XAU Trading Outlook (23-02-2011)

Oil &amp Gold (XAU) profit taking kept the precious metal close to $1400. Overall trading with a low of USD$1392 and high of USD $1411 before ending the New York session at USD$1398 an ounce. Oil ended lower but was extremely volatile. WTI Oil Closed -$2.10 at $95.50 a barrel.

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