XAU Trading Outlook Archive

Oil &amp Gold (XAU) Gold was sold after rallying to $1845 earlier in the day and fell back to $1810 supports. Crude Oil came under profit taking falling back to $88 but holding and consolidating above the support level.

Oil &amp Gold (XAU) Gold dipped below $1800 and then bounced sharply in the US session on safe haven demand and weaker USD. Crude continue to outperform breaking above the key $90 level before consolidating.

Oil &amp Gold (XAU) Gold was weak even at the height of the Eurozone risk aversion with USD strength trumping the safe haven demand. Crude Oil bounced to $89 in a strong performance given the risk aversion and shows underlining investor support.

Oil &amp Gold (XAU) Gold was supported on the EU debt issue but the USD is also receiving plenty of support and this kept the precious metal range trading. Crude Oil slumped with US stocks to back under $87 a barrel.

Oil &amp Gold (XAU) Gold surged back to life above $1850 and tested $1870. Crude Oil consolidated near the $90 level well support on dips through the day.

Oil &amp Gold (XAU) Gold&rsquo s volatility continued falling sharply from $1870 to $1800 before stabilizing and creeping back $1820. Crude Oil&rsquo s rally continued surging to $90 a barrel before easing back slightly into the close.

Oil &amp Gold (XAU) Gold broke to $1920 to print fresh all time highs before reversing to $1860 after the Swiss intervention. The volatility continued for the rest of the day with traders uncertain how to position themselves with central bank interventions ahead of the… Read more

Oil &amp Gold (XAU) Gold tested $1900 an ounce on safe haven demand and is in striking distance of all time highs. Crude continued to slump falling with stocks to $83.50.

Oil &amp Gold (XAU) Gold Soared 3% on QE3 talk after weak US jobs data with the precious metal back to the $1880 level. Crude Oil fell heavily to $85 in a post jobs meltdown.

Oil &amp Gold (XAU) Gold stayed in the previous day range falling to $1812 before finished unchanged at $1826. Crude tested above $89 on news that two new storms threatened production in the Gulf.