XAU Trading Outlook (03-06-2011)

Oil &amp Gold (XAU) was volatile falling sharply over $20 an ounce before recovering most of the losses late in the day. Overall trading with a low of USD$1519 and high of USD $1544 before ending the New York session at USD$1535 an ounce. Oil was unchanged on the day with stocks quiet and the key $100 close. WTI Oil Closed -2.40 at $100.29 a barrel.

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