Oil & 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.
XAU Trading Outlook Archive
Oil & Gold (XAU) Trading Outlook (30-09-2011)
September 30, 2011Oil & Gold (XAU) Trading Outlook (29-09-2011)
September 29, 2011Oil & 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, 2011Oil & 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, 2011Oil & 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 $80.24 a barrel.    
Oil & Gold (XAU) Trading Outlook (26-09-2011)
September 26, 2011Oil & Gold (XAU) XAU plummeted on Friday falling by US$ 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& rsquo s. Oil also… Read more
Oil & Gold (XAU) Trading Outlook (23-09-2011)
September 23, 2011Oil & Gold (XAU) XAU fell US$66.40 an ounce to levels of $1,741.70, While Crude oil fell by US $5.41 to $80.41 a barrel.  
Oil & Gold (XAU) Trading Outlook (22-09-2011)
September 22, 2011Oil & Gold (XAU) XAU fell from levels near 1815 to lows of 1780 as the USD surged, whilst Oil also fell 1.2% to US $85.92 a barrel
Oil & Gold (XAU) Trading Outlook (20-09-2011)
September 20, 2011Oil & Gold (XAU) eased off highs near 1829 to lows of 1763. Oil fell by US $2.26 a barrel to$85.70 on a broadly stronger dollar.  
Oil & Gold (XAU) Trading Outlook (19-09-2011)
September 19, 2011Oil & 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    
Oil & Gold (XAU) Trading Outlook (16-09-2011)
September 16, 2011Oil & 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