XAU Trading Outlook Archive

Oil & Gold (XAU) Trading Outlook (30-09-2011)

September 30, 2011

Oil &amp Gold (XAU) Gold crept above $1600 to $1630 before consolidating inside that range for the rest of the day. Improving sentiment in Asia and Europe helped lift Crude Oil from the $80 level to test above $83 in the US session.

Oil & Gold (XAU) Trading Outlook (29-09-2011)

September 29, 2011

Oil &amp Gold (XAU) Gold crashed with the sell trade being linked to increased demand for cash and liquidation of long gold positions on rallies the main talk in the markets. Crude Oil reversed aggressively falling below $80 a barrel by days end to undo… Read more

Oil & Gold (XAU) Trading Outlook (28-09-2011)

September 28, 2011

Oil &amp Gold (XAU) Gold&rsquo s rally continued with day highs at the start of the US session towards $1677 for another $50 gain from the Asian open. Crude Oil enjoyed its best day this month gaining over 5% at one stage above $84.50.

Oil & Gold (XAU) Trading Outlook (27-09-2011)

September 27, 2011

Oil &amp Gold (XAU) XAU traded at its lowest level seen since July falling as low as US $1531 before ending the New York session at US $1594.80 an ounce. Oil fell to by US $0.39 to trade at $80.24 a barrel. &nbsp &nbsp

Oil & Gold (XAU) Trading Outlook (26-09-2011)

September 26, 2011

Oil &amp Gold (XAU) XAU plummeted on Friday falling by US$ 101 an ounce, to a low of US $1628 an ounce, lowest levels since August 2010, and a 9% drop for the week, its largest weekly decline since the 1980&amp rsquo s. Oil also… Read more

Oil & Gold (XAU) Trading Outlook (19-09-2011)

September 19, 2011

Oil &amp Gold (XAU) XAU rebounded aggressively from level near 1762 to highs above 1822 as flight to safety in times of uncertainty proved key. Oil has fallen $1 to 86.96 on a broadly stronger USD first thing Monday in Asia &nbsp &nbsp

Oil & Gold (XAU) Trading Outlook (16-09-2011)

September 16, 2011

Oil &amp Gold (XAU) Gold broke under $1800 on the central bank news and the slid to $1773 before bouncing and consolidating under the key figure. Crude Oil tested $90 but failed to hold above the figure and range traded for the rest of the… Read more

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