XAU Trading Outlook Archive

Oil & Gold (XAU) Gold tracked the Euro higher to break back above $1600 an ounce. OIL/USD surged $3 a barrel with the better jobs numbers leading to speculation the US consumer will be stronger than first thought which is a major factor in Oil… Read more

Oil & Gold (XAU) Gold fell below $1600 with the USD strength but found support at $1585. OIL/USD fell with US stocks to $87 a barrel.

Oil & Gold (XAU) Gold fell back to $1600 as the US FED didn’t loosen monetary policy further. OIL/USD was supported on the dip at $88 after the FOMC and is sitting back at opening levels.

Oil & Gold (XAU) Gold ran out of steam above $1625 and fell back to $1615 supports. OIL/USD fell back with the rest of the broader market to $88 after trading above $90 a barrel.

Oil prices fell to 89.27 from 89.66 dollars a barrel. Gold (XAU) dropped to 1620.94 from 1622.57 US dollars an ounce. Against the euro, gold rose to 1322.96 from 1317.32 euro an ounce. Silver (XAG) advanced to 28.0821 from 27.6430 dollars an ounce. Stay in… Read more

Oil & Gold (XAU) Gold pushed higher on Friday up to recent resistance near the $1620-35 levels. OIL/USD push above $90 a barrel as the volatile energy extended its rally.

Oil prices rose to 88.82 from 88.41 dollars a barrel. Gold (XAU) jumped to 1613.09 from 1602.75 US dollars an ounce. Against the euro, gold dropped to 1315.55 from 1319.59 euro an ounce. Silver (XAG) moved up to 27.4231 from 27.3025 dollars an ounce. Stay… Read more

Oil & Gold (XAU) Gold surged out of its range to break above $1600 and close above the key level in a bullish move. OIL/USD was mixed with a dip o $87 bouncing back to $89 in another volatile day of trade.

Oil & Gold (XAU) Gold grinded higher with support found under $1570 and closed above $1580 in stable trade. OIL/USD consolidated the large falls on Monday and is finding support under $88.

Oil & Gold (XAU) was weak as the USD strength beat safe haven flows but support was found at $1565 overnight and we are looking to continue to range trade on the precious metal. OIL/USD Collapsed as the Spanish debt crisis took its toll on… Read more