XAU Trading Outlook (27-04-2011)

Oil &amp Gold (XAU) Gold tested support below $1500 twice last night before finishing above the figure. Overall trading with a low of USD$1492 and high of USD $1510 before ending the New York session at USD$1507 an ounce. Crude Oil did well with middle east tensions and weak USD allowing the uptrend to resume. WTI Oil Closed +$1.00 at $112.20 a barrel.

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