XAU Trading Outlook Archive

Oil &amp Gold (XAU) pushed higher on the US downgrade as sovereign risk supported with the precious metal an alternative investment to currency. Overall trading with a low of USD$1477 and high of USD $1498 before ending the New York session at USD$1495 an ounce…. Read more

Oil &amp Gold (XAU) fresh record highs were seen with a break $1480 leading to more gains. $1500 is the biggest resistance level Gold has faced in over a year and is shaping as a major test for the precious metal. Overall trading with a… Read more

Oil &amp Gold (XAU) pushed back to all time highs and hit fresh all time highs in late US trade near $1480 an ounce. Overall trading with a low of USD$1452 and high of USD $1478 before ending the New York session at USD$1477 an… Read more

Oil &amp Gold (XAU) regained composure and grinded higher for most of the day to test resistance at $1460. Overall trading with a low of USD$1450 and high of USD $1463 before ending the New York session at USD$1456 an ounce. Oil consolidated losses and… Read more

Oil &amp Gold (XAU) fell sharply again in the US session over $20 an ounce hitting stops under $1450. Overall trading with a low of USD$1443 and high of USD $1467 before ending the New York session at USD$1452 an ounce. Oil slumped heavily for… Read more

Oil &amp Gold (XAU) fell nearly $20 as the precious metal was not immune to market wide profit taking. Overall trading with a low of USD$1459 and high of USD $1476 before ending the New York session at USD$1462 an ounce. Oil Slumped to $108… Read more

Oil &amp Gold (XAU) another day of record highs up above $1470 with the daily push higher a common event. Overall trading with a low of USD$1456 and high of USD $1476 before ending the New York session at USD$1475 an ounce. Oil accelerated gains… Read more

Oil &amp Gold (XAU) was very contained near $1460 but is threatening to push high. Overall trading with a low of USD$1452 and high of USD $1465 before ending the New York session at USD$1460 an ounce. Oil extended gains to fresh year highs above… Read more

Oil &amp Gold (XAU) consolidated gains and tested resistance above $1460 an ounce. Overall trading with a low of USD$1451 and high of USD $1462 before ending the New York session at USD$1454 an ounce. Oil tested above $109 but fell back to more comfortable… Read more

Oil &amp Gold (XAU) Gold surged on the back of the FOMC minutes reiterating the QE2 program will be continuing. Overall trading with a low of USD$1429 and high of USD $1457 before ending the New York session at USD$1453 an ounce. Oil dropped slightly… Read more