XAU Trading Outlook (25-03-2011)

Oil &amp Gold (XAU) extended gains to fresh all time highs above $1445 before reversing sharply to $1430. Overall trading with a low of USD$1423 and high of USD $1448 before ending the New York session at USD$1433 an ounce. Ended roughly unchanged but rallied above $106.50 during the day. WTI Oil Closed +$0.35 at $105.40 a barrel.

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