XAU Trading Outlook (23-03-2011)

Oil &amp Gold (XAU) remained strong in the same range as the market waited for the next catalyst. Overall trading with a low of USD$1419 and high of USD $1432 before ending the New York session at USD$1427 an ounce. Oil continued to move higher on Geopolitical concerns. WTI Oil Closed +$1.67 at $104.00 a barrel.

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