XAU Trading Outlook Archive

Oil &amp Gold (XAU) Gold grinded higher for most of the day towards the key $1500 level. Overall trading with a low of USD$1489 and high of USD $1597 before ending the New York session at USD$1496 an ounce. Oil did very little with the… Read more

Oil &amp Gold (XAU) Broke below $1500 and tested for support as the safe haven appeal of the precious metal melted away in the improving investor outlook. Overall trading with a low of USD$1478 and high of USD $1502 before ending the New York session… Read more

Oil &amp Gold (XAU) Gold Pulled back to the magnetic $1500 level as further gains failed to materialize. Overall trading with a low of USD$1498 and high of USD $1514 before ending the New York session at USD$1500 an ounce. Oil made small gains breaking… Read more

Oil &amp Gold (XAU) Gold took advantage of the weak USD to push above $1510. Overall trading with a low of USD$1500 and high of USD $1513 before ending the New York session at USD$1511 an ounce. Oil extended the rebound back to the key… Read more

Oil &amp Gold (XAU) Gold remained close to the $1500 level consolidating recent losses. Overall trading with a low of USD$1495 and high of USD $1506 before ending the New York session at USD$1504 an ounce. Oil had a good day tracking stocks higher. WTI… Read more

Oil &amp Gold (XAU) Gold tested support under $1500 before closing at the figure. Overall trading with a low of USD$1490 and high of USD $1505 before ending the New York session at USD$1500 an ounce. Oil is pivoting the $90 a barrel level with… Read more

Oil &amp Gold (XAU) Gold had a major sell off down to month lows below $1520 an ounce before stabilizing. Overall trading with a low of USD$1512 and high of USD $1549 before ending the New York session at USD$1521 an ounce. Oil reacted sharply… Read more

Oil &amp Gold (XAU) broke resistance in Europe trading up to $1558 and taking out stops before reversing back under the figure post FOMC. Overall trading with a low of USD$1541 and high of USD $1558 before ending the New York session at USD$1545 an… Read more

Oil &amp Gold (XAU) tested higher but fell back to opening levels in quiet trade. Overall trading with a low of USD$1533 and high of USD $1546 before ending the New York session at USD$1539 an ounce. Oil bounce bank above the 200 DMA in… Read more

Oil &amp Gold (XAU) Gold bucked the trend of commodities rallying on sovereign debt fears and USD weakness. Overall trading with a low of USD$1522 and high of USD $1542 before ending the New York session at USD$1539 an ounce. Oil continued to slide on… Read more