XAU Trading Outlook (26-04-2011)

Oil &amp Gold (XAU) the Gold market tested fresh highs but found heavy profit taking in the US session as did Silver. Overall trading with a low of USD$1501 and high of USD $1518 before ending the New York session at USD$1503 an ounce. Crude Oil reversed with the rest of the market but was well supported on middle eastern tensions. WTI Oil Closed -$1.00 at $111.20 a barrel.

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