XAU Trading Outlook Archive

Oil &amp Gold (XAU) Gold Stalled at $1840 before pulling back to opening levels. Crude found support under $88 and close back above in quiet trade.

Oil &amp Gold (XAU) Gold surged on the QE3 talk up over $50oz from lows in the US session. Crude Oil lurched higher to $88 in another positive day.

Oil &amp Gold (XAU) Gold slumped through $1800 at the start of the US session before stabilizing at the $1790 level. Crude Oil extended gains to the $87 level with the positive investor mood supporting.

Oil &amp Gold (XAU) gold extended gains above $1800 on USD weakness Friday. Crude tested $83 but the level provided solid support and we rallied into the weekend closing above $85 once again.

Oil &amp Gold (XAU) Gold rebounded aggressively up over $70oz from lows. Crude was volatile down $3 a barrel sharply at the start of the US session before recovering and closing above the key $85 level.

Oil &amp Gold (XAU) Gold crashed for a second day down over $100oz with long positions were squeezed out. Crude Oil remained subdued but supported on strong US data above $85 a barrel.

Oil &amp Gold (XAU) Gold experienced its biggest pullback in 18 months overnight, crashing $80 an ounce with the bubble having a mini correction from the $1900 level. Crude Oil broke above the key $85 level with the positive risk appetite.

Oil &amp Gold (XAU) Demand for the precious metal saw another fresh all time high above $1900 with pull backs meeting solid demand. Crude Oil ended higher with dips bought aggressively back toward $85 a barrel.

Oil &amp Gold (XAU) Gold surged for fresh record highs on Friday with little resistance until $1880. The extremely overbought precious metal is hard to sell with daily gains. Crude was supported at $80 a barrel and bounced to $82.50.

Oil &amp Gold (XAU) the banking concerns helped Gold surge back to all-time highs above $1800 and then onto $1828 an ounce. Crude Oil crashed with stocks back to $80 a barrel.