XAU Trading Outlook (21-04-2011)

Oil &amp Gold (XAU) probed higher above $1500 level with the market continuing to find support on dips. Overall trading with a low of USD$1493 and high of USD $1506 before ending the New York session at USD$1501 an ounce. Crude Oil broke higher above $110 and continued higher with momentum accelerating. WTI Oil Closed +$3.17 at $111.45 a barrel.

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