XAU Trading Outlook (29-04-2011)

Oil &amp Gold (XAU) Gold pushed new highs but found bouts of volatility due to sharp profit taking. Overall trading with a low of USD$1524 and high of USD $1538 before ending the New York session at USD$1534 an ounce. Crude Oil traded at fresh multiyear highs before reversing to $112. WTI Oil Closed -$0.70 at $113.20 a barrel.

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