XAU Trading Outlook Archive

Oil &amp Gold (XAU) found support at $1370 and pushed to $1380 as the uptrend resumed. Overall trading with a low of USD$1367 and high of USD $1382 before ending the New York session at USD$1375 an ounce. Oil pushed higher on bullish Weekly US… Read more

Oil &amp Gold (XAU) Broke higher on inflation hedging speculation with gold seen as an alternative investment that holds value. Overall trading with a low of USD$1360 and high of USD $1377 before ending the New York session at USD$1371 an ounce. Oil fell back… Read more

Oil &amp Gold (XAU) trading in the precious metal is getting more compressed everyday around the $1360 level. Overall trading with a low of USD$1353 and high of USD $1367 before ending the New York session at USD$1362 an ounce. Continued to ease on profit… Read more

Oil &amp Gold (XAU) stayed inside the recent range orbiting around $1360. Overall trading with a low of USD$1354 and high of USD $1367 before ending the New York session at USD$1358 an ounce. Fell back on the resignation of Mubarak as supply concerns eased…. Read more

Oil &amp Gold (XAU) was well supported on dips to $1350 to finish roughly unchanged. Overall trading with a low of USD$1350 and high of USD $1366 before ending the New York session at USD$1364 an ounce. Finished slightly higher on middle eastern issues. WTI… Read more

Oil &amp Gold (XAU) consolidated above $1360 in a tight range. Overall trading with a low of USD$1357 and high of USD $1367 before ending the New York session at USD$1364 an ounce. WTI Stabilized after heavy selling in recent days, Brent Oil extended gains… Read more

Oil &amp Gold (XAU) broke higher as the path of least resistance remains to the topside. Overall trading with a low of USD$1348 and high of USD $1368 before ending the New York session at USD$1363 an ounce. Continued to fall for a third day… Read more

Oil &amp Gold (XAU) stayed within a tight range grinding higher back above $1350. Overall trading with a low of USD$1344 and high of USD $1353 before ending the New York session at USD$1352 an ounce. Was sold sharply on easing Egyptian concerns and a… Read more

Oil &amp Gold (XAU) had a subdued session even with the US data releases with a test of $1360 failing before moving back to $1345 support. Overall trading with a low of USD$1360 and high of USD $1345 before ending the New York session at… Read more

Oil &amp Gold (XAU) surged higher after a quiet few session to break to the topside on middle eastern tensions. Overall trading with a low of USD$1324 and high of USD $1356 before ending the New York session at USD$1352 an ounce. Was supported on… Read more