Oil & Gold (XAU) gapped higher on geopolitical safe haven buying but was quiet for the rest of the day. Overall trading with a low of USD$1423 and high of USD $1435 before ending the New York session at USD$1428 an ounce. Oil gapped higher… Read more
XAU Trading Outlook Archive
Oil & Gold (XAU) Trading Outlook (22-03-2011)
March 22, 2011Oil & Gold (XAU) Trading Outlook (21-03-2011)
March 21, 2011Oil & Gold (XAU) both pushed higher on Friday following the UN vote on a no fly zone over Libyan air space. XAU has traded as high as 1427.35, whilst Crude Oil has pushed as high as 103.10 on Monday open in response to coalition… Read more
Oil & Gold (XAU) Trading Outlook (17-03-2011)
March 17, 2011Oil & Gold (XAU) was volatile but under pressure as safe haven buying struggled to offset liquidations by investors trying to free up some cash. Overall trading with a low of USD$1386 and high of USD $1406 before ending the New York session at USD$1398… Read more
Oil & Gold (XAU) Trading Outlook (16-03-2011)
March 16, 2011Oil & Gold (XAU) fell heavily on liquidation by investors to cover losses in the other markets. Overall trading with a low of USD$1380 and high of USD $1426 before ending the New York session at USD$1396 an ounce. Oil was crushed lower on risk… Read more
Oil & Gold (XAU) Trading Outlook (15-03-2011)
March 15, 2011Oil & Gold (XAU) Traded in a $10 range with markets edgy on next move. Overall trading with a low of USD$1417 and high of USD $1431 before ending the New York session at USD$1424 an ounce. Found support and rallied in $3 a barrel… Read more
Oil & Gold (XAU) Trading Outlook (14-03-2011)
March 14, 2011Oil & Gold (XAU) Gold found support on the USD weakness and Japanese safe haven buying. Overall trading with a low of USD$1404 and high of USD $1424 before ending the New York session at USD$1417 an ounce. Fell heavily for a second day as… Read more
Oil & Gold (XAU) Trading Outlook (11-03-2011)
March 11, 2011Oil & Gold (XAU) Gold fell heavily on USD strength. Overall trading with a low of USD$1402 and high of USD $1431 before ending the New York session at USD$1415 an ounce. Fell sharply on profit taking but was volatile at the end of the… Read more
Oil & Gold (XAU) Trading Outlook (10-03-2011)
March 10, 2011Oil & Gold (XAU) traded in a tight range waiting for further stimulus. Overall trading with a low of USD$1423 and high of USD $1436 before ending the New York session at USD$1429 an ounce. Fell on simmering Libyan fears with contagion the biggest threat…. Read more
Oil & Gold (XAU) Trading Outlook (09-03-2011)
March 9, 2011Oil & Gold (XAU) Consolidated recent gains ending slightly lower. Overall trading with a low of USD$1423 and high of USD $1437 before ending the New York session at USD$1429 an ounce. Oil fell on OPEC meeting talk and hope the Libyan crisis will ease…. Read more
Oil & Gold (XAU) Trading Outlook (08-03-2011)
March 8, 2011Oil & Gold (XAU) Gold traded at fresh all time highs above $1445 before reversing aggressively. Overall trading with a low of USD$1427 and high of USD $1445 before ending the New York session at USD$1431 an ounce. Oil Surged but reversed back to opening… Read more