XAU Trading Outlook (18-11-2011)

Oil & Gold (XAU) Gold plummeted US$54.10 throughout the day as USD security was paramount, before ending the day at $1720.20 (-3%). Oil in similar fashion also fell, although profit taking was largely attributed to the decline as investor looked take advantage of recent moves to near 5 month highs. Oil fell by US$3.77 a barrel to US$98.82

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