XAU Trading Outlook (11-04-2011)

Oil &amp Gold (XAU) another day of record highs up above $1470 with the daily push higher a common event. Overall trading with a low of USD$1456 and high of USD $1476 before ending the New York session at USD$1475 an ounce. Oil accelerated gains above $113 a barrel in early trade Monday. WTI Oil Closed +$2.49 at $112.80 a barrel.

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