XAU Trading Outlook (30-05-2011)

Oil &amp Gold (XAU) broke above $1530 to hit multi week highs. Overall trading with a low of USD$1518 and high of USD $1537 before ending the New York session at USD$1535 an ounce. Was stable above $100 ending slightly higher. WTI Oil Closed +$0.36 at $100.60 a barrel.

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