Oil & Gold (XAU) struggled to make any gains and fell back towards the bottom end of its recent range finding support under $1330 . Overall trading with a low of USD$1326 and high of USD $1343 before ending the New York session at USD$1333… Read more
XAU Trading Outlook Archive
Oil & Gold (XAU) Trading Outlook (03-02-2011)
February 3, 2011Oil & Gold (XAU) Trading Outlook (02-02-2011)
February 2, 2011Oil & Gold (XAU) fell back on easing middle east contagion fears and safe haven demand. Overall trading with a low of USD$1323 and high of USD $1346 before ending the New York session at USD$1333 an ounce. Crude Oil surged for a second day… Read more
Oil & Gold (XAU) Trading Outlook (01-02-2011)
February 1, 2011Oil & Gold (XAU) fell back on easing middle east contagion fears and safe haven demand. Overall trading with a low of USD$1323 and high of USD $1346 before ending the New York session at USD$1333 an ounce. Crude Oil surged for a second day… Read more
Oil & Gold (XAU) Trading Outlook (31-01-2011)
January 31, 2011Oil & Gold (XAU) safe haven demand from all corners of the market lifted gold $30 for it biggest gain in 6 months. Overall trading with a low of USD$1308 and high of USD $1347 before ending the New York session at USD$1336 an ounce…. Read more
Oil & Gold (XAU) Trading Outlook (28-01-2011)
January 28, 2011Oil & Gold (XAU) continued to find heavy selling pressure in the US session on further liquidation from investors. Overall trading with a low of USD$1310 and high of USD $1348 before ending the New York session at USD$1315 an ounce. Oil& rsquo s volatility… Read more
Oil & Gold (XAU) Trading Outlook (27-01-2011)
January 27, 2011Oil & Gold (XAU) rallied on the back of the dovish FOMC statement. Overall trading with a low of USD$1324 and high of USD $1347 before ending the New York session at USD$1343 an ounce. Oil found support at $86 and rallied sharply. WTI Oil… Read more
Oil & Gold (XAU) Trading Outlook (26-01-2011)
January 26, 2011Oil & Gold (XAU) took another leg lower finding support in the lower $1320 region before a small bounce into the close. Overall trading with a low of USD$1322 and high of USD $1339 before ending the New York session at USD$1332 an ounce. Oil… Read more
Oil & Gold (XAU) Trading Outlook (25-01-2011)
January 25, 2011Oil & Gold (XAU) fresh month lows where seen in late US trade on reduced safe haven demand. Overall trading with a low of USD$1332 and high of USD $1354 before ending the New York session at USD$1335 an ounce. Oil came under heavy selling… Read more
Oil & Gold (XAU) Trading Outlook (21-01-2011)
January 21, 2011Oil & Gold (XAU) was crushed lower by the strong USD and EURO. Overall trading with a low of USD$1342 and high of USD $1372 before ending the New York session at USD$1347 an ounce. Oil led the commodity sell off down $2 a barrel…. Read more
Oil & Gold (XAU) Trading Outlook (20-01-2011)
January 20, 2011Oil & Gold (XAU) was subdued in a range testing $1380 resistance. Overall trading with a low of USD$1366 and high of USD $1380 before ending the New York session at USD$1370 an ounce. Oil fell back in the new contract month. WTI Oil Closed… Read more