XAU Trading Outlook Archive

Oil &amp Gold (XAU) soared for a test of $1450 and although selling pressure came later did well to hold daily gains against the USD. Overall trading with a low of USD$1529 and high of USD $1550 before ending the New York session at USD$1540… Read more

Oil &amp Gold (XAU) range trading as $1540 contained the topside again. Overall trading with a low of USD$1532 and high of USD $1541 before ending the New York session at USD$1535 an ounce. Oil surged resuming the uptrend. WTI Oil Closed +2.10 at $102.70… Read more

Oil &amp Gold (XAU) was quiet but edged higher towards $1540. Overall trading with a low of USD$1534 and high of USD $1539 before ending the New York session at USD$1538 an ounce. Tested and found support under $100 a barrel. WTI Oil Closed -$0.20… Read more

Oil &amp Gold (XAU) broke above $1530 to hit multi week highs. Overall trading with a low of USD$1518 and high of USD $1537 before ending the New York session at USD$1535 an ounce. Was stable above $100 ending slightly higher. WTI Oil Closed +$0.36… Read more

Oil &amp Gold (XAU) pulled back below $1520 after failed to continue the rally in recent days. Overall trading with a low of USD$1514 and high of USD $1531 before ending the New York session at USD$1520 an ounce. Oil Consolidated the rally above $100… Read more

Oil &amp Gold (XAU) Consolidated the recent rally but failed to break above $1530 resistance. Overall trading with a low of USD$1521 and high of USD $1532 before ending the New York session at USD$1526 an ounce. Oil rallied above $100 with topside momentum increasing…. Read more

Oil &amp Gold (XAU) Gold edged higher as sovereign bond yields crept higher in the Eurozone. Silver is struggling to follow the yellow metal as the recent plunge scared off speculators. Overall trading with a low of USD$1503 and high of USD $1518 before ending… Read more

Oil &amp Gold (XAU) Gold edged higher as sovereign bond yields crept higher in the Eurozone. Silver is struggling to follow the yellow metal as the recent plunge scared off speculators. Overall trading with a low of USD$1503 and high of USD $1518 before ending… Read more

Oil &amp Gold (XAU) Gold did well with the sovereign risk increasing in Europe adding to safe haven demand for the alternative currency. Overall trading with a low of USD$1486 and high of USD $1516 before ending the New York session at USD$1513 an ounce…. Read more

Oil &amp Gold (XAU) Gold failed at $1500 and pulled back under $1490 briefly in quiet trade. Overall trading with a low of USD$1486 and high of USD $1500 before ending the New York session at USD$1495 an ounce. Oil slipped back below $100 a… Read more