XAU Trading Outlook (13-09-2012)

Oil & Gold (XAU) XAU/USD rocketed to $1746 before rolling over in the US session a falling back to $1730 supports. The FOMC will likely move the XAU/USD up/down at least $20oz if recent history is any guide. OIL/USD rallied to $98 but ran out of steam and fell back to $96.50.

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