XAU Trading Outlook Archive

Oil & Gold (XAU) XAU soared by US$29.80 an ounce to US$1743.20 whilst Oil also rallied by US$0.57 a barrel to US$100.36, with gains limited as Oil inventories came in at 3.9 million well above expectations.

Oil prices rallied to 100.12 dollars a barrel from 97.05, a rise of 3.2%. Gold rose to 1726.48 dollars an ounce from 1703.53. Silver also ticked higher to 32.19 dollars an ounce from 31.48.

Oil prices rallied to 98.84 today dollars a barrel from 94.99, a rise of 4.1%. Gold rose to 1708.41 dollars an ounce from 1672.03. Silver jumped to 31.86 dollars an ounce from 30.93.

Oil & Gold (XAU) XAU fell by US$6.50 an ounce to US$1,695.90, whilst Crude Oil also eased by US$ 1.84 a barrel to US$96.17

Oil & Gold (XAU) XAU rebounded by US$23.80 to US$1702.40 an ounce. Crude rose by US$1.09 to US$98.01

Oil & Gold (XAU) rebounded by US$4.90 an ounce to US$1.725, yet ended the trading week down 3.5%. Crude oil on the other hand fell by US$1.41 to US$97.41 a barrel, on fear of global slowdown

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… Read more

Oil & Gold (XAU) Range Traded between $1760 and $1780 finishing near the bottom on USD strength. Oil was the big mover breaking above $100 a barrel and surging higher to $102.

Oil & Gold (XAU) Gold tested $1760 before rebounding to $1780 as buyers took control. Oil resumed its uptrend break back above $99 a barrel with US data supporting.

Oil & Gold (XAU) Gold failed to test $1800 instead fell back on USD strength finding support at $1775. Oil was similar to Gold failing to test its key level instead falling back on rising risk aversion in global markets.