XAU Trading Outlook Archive

Oil & Gold (XAU) Gold pushed back higher on USD weakness heading back towards the $1800 level and target. Another good day for Oil heading towards $100 on WTI after breaking resistance at $99 a barrel.

Oil & Gold (XAU) Gold fell back to $1750 on investor demand for cash before bouncing into the close. Oil is behaving very bullishly in recent sessions shrugging off negative news. $100 a barrel is the bulls first Target.

Oil & Gold (XAU) Gold tested $1800 for a second day before falling back to $1765 as investors cashed out of gold. Oil was extremely volatile shrugging off the first sell off to $95 to bounce back to $97 in the US session before sellers… Read more

Oil & Gold (XAU) Gold broke above $1800 before collapsing on heavy profit taking sales back to $1780. The outlook is still bullish as investors flood back into the precious metal. Oil pressed higher as global middle eastern tension begin to rise on Iran Nuclear… Read more

Oil & Gold (XAU) the bullish environment for the alternative investment in gold sent the yellow metal to $1800 an ounce. Oil continued its uptrend not interested in selling off aggressively with Asian stocks to break above $95 a barrel in the US session.

Oil & Gold (XAU) The US QE3 talk and ongoing Eurozone uncertainty provided a bullish mix for the precious metal. Oil bucked negative sentiment to finish close to the key $95 level.

Oil &amp Gold (XAU) gold surged as the USD was sold across the board trading above $1750 resistance. Oil pushed up to recent high near $94 a level.

Oil &amp Gold (XAU) Gold rallied for a second day but pared back gains to finish unchanged. Oil spent a lot of the day at the $93 level but finished under pressure.

Oil &amp Gold (XAU) Gold dipped below $1700 on USD demand going into the US session but this was reversed sharply as safe haven demand for the precious metal jumped on debt concerns out of Europe. Oil dipped below $90 a barrel before recovering and… Read more

Oil &amp Gold (XAU) Gold fell back to $1700 on the USD strength seen with Japan intervened on USD/JPY. Oil was under pressure at the start of the US session falling back to $91.50 before bouncing to back above $93.