XAU Trading Outlook (29-03-2011)

Oil &amp Gold (XAU) Was sold on rallies to head lower on profit taking. Overall trading with a low of USD$1409 and high of USD $1428 before ending the New York session at USD$1419 an ounce. Oil moved lower on reports that Libyan Rebels have taken control of key Oil ports. WTI Oil Closed -$1.50 at $103.86 a barrel.

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