XAU Trading Outlook (22-03-2011)

Oil &amp Gold (XAU) gapped higher on geopolitical safe haven buying but was quiet for the rest of the day. Overall trading with a low of USD$1423 and high of USD $1435 before ending the New York session at USD$1428 an ounce. Oil gapped higher early but fell later as bombing slowed down. WTI Oil Closed +$1.15 at $102.20 a barrel.

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