XAU Trading Outlook (14-04-2011)

Oil &amp Gold (XAU) regained composure and grinded higher for most of the day to test resistance at $1460. Overall trading with a low of USD$1450 and high of USD $1463 before ending the New York session at USD$1456 an ounce. Oil consolidated losses and bounced to $107 a barrel. WTI Oil Closed +$0.86 at $107.11 a barrel.

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