XAU Trading Outlook (04-05-2011)

Oil &amp Gold (XAU) the profit taking continued with traders selling into bounces. Overall trading with a low of USD$1527 and high of USD $1551 before ending the New York session at USD$1536 an ounce. Oil finally broke support and plummeted lower to $110 support. WTI Oil Closed -$2.47 at $111.05 a barrel.

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