Oil & Gold (XAU) the profit taking continued with traders selling into bounces. Overall trading with a low of USD$1527 and high of USD $1551 before ending the New York session at USD$1536 an ounce. Oil finally broke support and plummeted lower to $110 support…. Read more
XAU Trading Outlook Archive
Oil & Gold (XAU) Trading Outlook (04-05-2011)
May 4, 2011Oil & Gold (XAU) Trading Outlook (03-05-2011)
May 3, 2011Oil & Gold (XAU) hit fresh all time highs but then was pressured lower on the silver crash which was down over 10% at one point. Overall trading with a low of USD$1540 and high of USD $1575 before ending the New York session at… Read more
Oil & Gold (XAU) Trading Outlook (02-05-2011)
May 2, 2011Oil & Gold (XAU) Gold surged higher to fresh all time highs just under $1570 with the uptrend resuming. Overall trading with a low of USD$1531 and high of USD $1569 before ending the New York session at USD$1562 an ounce. Crude Oil broke briefly… Read more
Oil & Gold (XAU) Trading Outlook (29-04-2011)
April 29, 2011Oil & Gold (XAU) Gold pushed new highs but found bouts of volatility due to sharp profit taking. Overall trading with a low of USD$1524 and high of USD $1538 before ending the New York session at USD$1534 an ounce. Crude Oil traded at fresh… Read more
Oil & Gold (XAU) Trading Outlook (28-04-2011)
April 28, 2011Oil & Gold (XAU) Gold surged on the weak USD outlook and loose US momentary policy. Overall trading with a low of USD$1502 and high of USD $1530 before ending the New York session at USD$1528 an ounce. Crude Oil crept back above $113 in… Read more
Oil & Gold (XAU) Trading Outlook (27-04-2011)
April 27, 2011Oil & Gold (XAU) Gold tested support below $1500 twice last night before finishing above the figure. Overall trading with a low of USD$1492 and high of USD $1510 before ending the New York session at USD$1507 an ounce. Crude Oil did well with middle… Read more
Oil & Gold (XAU) Trading Outlook (26-04-2011)
April 26, 2011Oil & Gold (XAU) the Gold market tested fresh highs but found heavy profit taking in the US session as did Silver. Overall trading with a low of USD$1501 and high of USD $1518 before ending the New York session at USD$1503 an ounce. Crude… Read more
Oil & Gold (XAU) Trading Outlook (25-04-2011)
April 25, 2011Oil & Gold (XAU) spent the day above $1500 and is poised to make further gains after consolidating and profit taking ends. Overall trading with a low of USD$1500 and high of USD $1509 before ending the New York session at USD$1505 an ounce. Middle… Read more
Oil & Gold (XAU) Trading Outlook (21-04-2011)
April 21, 2011Oil & Gold (XAU) probed higher above $1500 level with the market continuing to find support on dips. Overall trading with a low of USD$1493 and high of USD $1506 before ending the New York session at USD$1501 an ounce. Crude Oil broke higher above… Read more
Oil & Gold (XAU) Trading Outlook (20-04-2011)
April 20, 2011Oil & Gold (XAU) traded briefly at $1500 an ounce for fresh record highs but pulled back from the key level as profit taking capped. Overall trading with a low of USD$1487 and high of USD $1500 before ending the New York session at USD$1495… Read more