Oil & Gold (XAU) Gold fell due to less safe haven demand on strong economic data. Overall trading with a low of USD$1409 and high of USD $1437 before ending the New York session at USD$1418 an ounce. Oil fell on profit taking and talk… Read more
XAU Trading Outlook Archive
Oil & Gold (XAU) Trading Outlook (04-03-2011)
March 4, 2011Oil & Gold (XAU) Trading Outlook (03-03-2011)
March 3, 2011Oil & Gold (XAU) traded at fresh record highs before consolidating. Overall trading with a low of USD$1427 and high of USD $1441 before ending the New York session at USD$1433 an ounce. Oil surged higher on news that Libyan planes had bombs rebels in… Read more
Oil & Gold (XAU) Trading Outlook (01-03-2011)
March 1, 2011Oil & Gold (XAU) Gold surged to record highs on renewed Oil spikes and concern that revolutions will spread. Overall trading with a low of USD$1409 and high of USD $1435 before ending the New York session at USD$1430 an ounce. Oil resurged on news… Read more
Oil & Gold (XAU) Trading Outlook (28-02-2011)
February 28, 2011Oil & Gold (XAU) resumed its grind higher towards Thursday&rsquo s high of $1418. Overall trading with a low of USD$1400 and high of USD $1415 before ending the New York session at USD$1412 an ounce. Fell back on assurances from OPEC and the IEA… Read more
Oil & Gold (XAU) Trading Outlook (25-02-2011)
February 25, 2011Oil & Gold (XAU) extreme volatility continued with bouts of heavy profit taking sending the precious metal plummeting before recovering into the close. Overall trading with a low of USD$1391 and high of USD $1418 before ending the New York session at USD$1403 an ounce…. Read more
Oil & Gold (XAU) Trading Outlook (24-02-2011)
February 24, 2011Oil & Gold (XAU) enjoy solid gains on the geopolitical turmoil pushing higher in the $1400&rsquo s. Overall trading with a low of USD$1395 and high of USD $1417 before ending the New York session at USD$1411 an ounce. WTI Oil tested $100 a barrel… Read more
Oil & Gold (XAU) Trading Outlook (23-02-2011)
February 23, 2011Oil & Gold (XAU) profit taking kept the precious metal close to $1400. Overall trading with a low of USD$1392 and high of USD $1411 before ending the New York session at USD$1398 an ounce. Oil ended lower but was extremely volatile. WTI Oil Closed… Read more
Oil & Gold (XAU) Trading Outlook (22-02-2011)
February 22, 2011Oil & Gold (XAU) surged back above $1400 on safe haven demand for the precious metal. Overall trading with a low of USD$1388 and high of USD $1410 before ending the New York session at USD$1406 an ounce. Oil has one of its biggest rallies… Read more
Oil & Gold (XAU) Trading Outlook (21-02-2011)
February 21, 2011Oil & Gold (XAU) pushed above $1390 as the market demand returned aggressively. Overall trading with a low of USD$1382 and high of USD $1392 before ending the New York session at USD$1387 an ounce. Oil remained steady but attention is focused on middle east… Read more
Oil & Gold (XAU) Trading Outlook (18-02-2011)
February 18, 2011Oil & Gold (XAU) continued with its grind higher above $1380 and close on a firm footing. Overall trading with a low of USD$1373 and high of USD $1386 before ending the New York session at USD$1384 an ounce. Picked up aggressively on widespread middle… Read more