XAU Trading Outlook (28-04-2011)

Oil &amp Gold (XAU) Gold surged on the weak USD outlook and loose US momentary policy. Overall trading with a low of USD$1502 and high of USD $1530 before ending the New York session at USD$1528 an ounce. Crude Oil crept back above $113 in striking distance of year highs at $113.50. WTI Oil Closed +$1.00 at $113.20 a barrel.

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