XAU Trading Outlook (07-07-2011)

Oil &amp Gold (XAU) Gold pushed higher with the resurgence of sovereign debt risk in Europe. Overall trading with a low of USD$1510 and high of USD $1534 before ending the New York session at USD$1529 an ounce. Oil found support on a dip to $96 before ending unchanged. WTI Oil Closed -$0.05 at $96.80 a barrel.

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