XAU Trading Outlook (01-06-2011)

Oil &amp Gold (XAU) range trading as $1540 contained the topside again. Overall trading with a low of USD$1532 and high of USD $1541 before ending the New York session at USD$1535 an ounce. Oil surged resuming the uptrend. WTI Oil Closed +2.10 at $102.70 a barrel.

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