XAU Trading Outlook Archive

Oil &amp Gold (XAU) was well supported grinding higher for most of the day to $1440 resistance. Overall trading with a low of USD$1429 and high of USD $1439 before ending the New York session at USD$1437 an ounce. Was up a small amount with… Read more

Oil &amp Gold (XAU) Gold fell sharply at the start of the US session on the view central banks were moving more towards an inflation fighting stance. Overall trading with a low of USD$1420 and high of USD $1439 before ending the New York session… Read more

Oil &amp Gold (XAU) moved higher tracking Oil and taking advantage of the weaker USD. Overall trading with a low of USD$1420 and high of USD $1439 before ending the New York session at USD$1431 an ounce. Oil surged to a multi year highs above… Read more

Oil &amp Gold (XAU) broke higher on USD weakness in Europe but sharply reversed back to support at $1412 in classic pump and dump trader moves in New York. Overall trading with a low of USD$1411 and high of USD $1430 before ending the New… Read more

Oil &amp Gold (XAU) was stable inside Monday&rsquo s range as the Gold market consolidates. Overall trading with a low of USD$1410 and high of USD $1428 before ending the New York session at USD$1417 an ounce. Oil rallied off support at $103 a barrel…. Read more

Oil &amp Gold (XAU) Was sold on rallies to head lower on profit taking. Overall trading with a low of USD$1409 and high of USD $1428 before ending the New York session at USD$1419 an ounce. Oil moved lower on reports that Libyan Rebels have… Read more

Oil &amp Gold (XAU) Gold continued to suffer from bouts of profit taking. Overall trading with a low of USD$1438 and high of USD $1422 before ending the New York session at USD$1428 an ounce. Was slightly lower on the day but supported at highs… Read more

Oil &amp Gold (XAU) extended gains to fresh all time highs above $1445 before reversing sharply to $1430. Overall trading with a low of USD$1423 and high of USD $1448 before ending the New York session at USD$1433 an ounce. Ended roughly unchanged but rallied… Read more

Oil &amp Gold (XAU) pushed higher as the EU debt situation flared up and demand for the alternative investment soared. Overall trading with a low of USD$1425 and high of USD $1441 before ending the New York session at USD$1438 an ounce. Edged higher with… Read more

Oil &amp Gold (XAU) remained strong in the same range as the market waited for the next catalyst. Overall trading with a low of USD$1419 and high of USD $1432 before ending the New York session at USD$1427 an ounce. Oil continued to move higher… Read more