Oil & Gold (XAU) Gold launched higher breaking fresh all time highs as investors flooded into the precious metal. Overall trading with a low of USD$1618 and high of USD $1661 before ending the New York session at USD$1655 an ounce. Oil slumped with forecasts… Read more
XAU Trading Outlook Archive
Oil & Gold (XAU) Trading Outlook (03-08-2011)
August 3, 2011Oil & Gold (XAU) Trading Outlook (02-08-2011)
August 2, 2011Oil & Gold (XAU) Dipped but was well supported and finished at opening levels. Overall trading with a low of USD$1609 and high of USD $1632 before ending the New York session at USD$1620 an ounce. Oil crashed from $98 to $93 with the weak… Read more
Oil & Gold (XAU) Trading Outlook (29-07-2011)
July 29, 2011Oil & Gold (XAU) Dipped but was well support and finished at opening levels. Overall trading with a low of USD$1602 and high of USD $1620 before ending the New York session at USD$1616 an ounce. Oil was Stable closing at opening levels. WTI Oil… Read more
Oil & Gold (XAU) Trading Outlook (28-07-2011)
July 28, 2011Oil & Gold (XAU) traded fresh all-time highs above $1625 before falling sharply on profit taking in the US session. Overall trading with a low of USD$1608 and high of USD $1629 before ending the New York session at USD$1616 an ounce. Oil fell heavily… Read more
Oil & Gold (XAU) Trading Outlook (27-07-2011)
July 27, 2011Oil & Gold (XAU) Investors flooded into Gold with the precious metal supported on US downgrade fears and closing near all time highs at $1620. Overall trading with a low of USD$1607 and high of USD $1620 before ending the New York session at USD$1619… Read more
Oil & Gold (XAU) Trading Outlook (26-07-2011)
July 26, 2011Oil & Gold (XAU) Gold broke to fresh all time highs well supported on the US debt ceiling worries and Greece downgrade. Overall trading with a low of USD$1608 and high of USD $1622 before ending the New York session at USD$1613 an ounce. Oil… Read more
Oil & Gold (XAU) Trading Outlook (25-07-2011)
July 25, 2011Oil & Gold (XAU) Gold surged into the weekend on US debt concerns. Overall trading with a low of USD$1583 and high of USD $1608 before ending the New York session at USD$1601 an ounce. Oil tested $100 again but the key level held and… Read more
Oil & Gold (XAU) Trading Outlook (22-07-2011)
July 22, 2011Oil & Gold (XAU) the market sold the alternative currency Gold on easing sovereign debt fears Overall trading with a low of USD$1584 and high of USD $1604 before ending the New York session at USD$1590 an ounce. Oil broke out of the range to… Read more
Oil & Gold (XAU) Trading Outlook (21-07-2011)
July 21, 2011Oil & Gold (XAU) the downside was short-lived and the market pushed higher back towards the $1600 level. Overall trading with a low of USD$1580 and high of USD $1602 before ending the New York session at USD$1595 an ounce. Oil consolidated above $98. WTI… Read more
Oil & Gold (XAU) Trading Outlook (20-07-2011)
July 20, 2011Oil & Gold (XAU) pushed higher to $1610 before coming under heavy liquidation on sharp profit taking and slipped over $25 an ounce. Overall trading with a low of USD$1582 and high of USD $1610 before ending the New York session at USD$1589 an ounce…. Read more