XAU Trading Outlook Archive

Oil &amp Gold (XAU) grinded higher for most of the day reclaiming the $1370 level. Overall trading with a low of USD$1360 and high of USD $1377 before ending the New York session at USD$1373 an ounce. Oil was steady in relatively quiet trade. WTI… Read more

Oil &amp Gold (XAU) was extremely contained staying close to the $1360 level throughout the trading day with US traders away. Overall trading with a low of USD$1356 and high of USD $1366 before ending the New York session at USD$1362 an ounce. Oil fell… Read more

Oil &amp Gold (XAU) Gold took another leg lower falling briefly below $1360. Overall trading with a low of USD$1355 and high of USD $1378 before ending the New York session at USD$1362 an ounce. Oil pulled back testing $90 a barrel before recovering and… Read more

Oil &amp Gold (XAU) fell sharply as the European sovereign debt issue calmed down. Overall trading with a low of USD$1369 and high of USD $1393 before ending the New York session at USD$1375 an ounce. Profit takers emerged after Crude Oil failed to hold… Read more

Oil &amp Gold (XAU) continue to trend upwards testing $1390 in quiet trade. Overall trading with a low of USD$1376 and high of USD $1389 before ending the New York session at USD$1385 an ounce. Crude was very strong pushing above $92 a barrel before… Read more

Oil &amp Gold (XAU) grinded higher as the Dollar weakened and demand for the alternate currency remained strong. Overall trading with a low of USD$1372 and high of USD $1387 before ending the New York session at USD$1383 an ounce. Crude Oil surged higher as… Read more

Oil &amp Gold (XAU) was very contained orbiting around the $1370 level. Overall trading with a low of USD$1364 and high of USD $1376 before ending the New York session at USD$1375 an ounce. Crude Oil found strength on news that an Alaskan pipeline was… Read more

Oil &amp Gold (XAU) day lows just before the release of US data saw $1350 tested before a rally to $1370 into the weekend. Overall trading with a low of USD$1353 and high of USD $1378 before ending the New York session at USD$1370 an… Read more

Oil &amp Gold (XAU) support was found at $1364 again but the market was stable compared to many other commodities. Overall trading with a low of USD$1363 and high of USD $1385 before ending the New York session at USD$1378 an ounce. Oil fell over… Read more

Oil &amp Gold (XAU) tested downside support again before stabilizing just under opening levels. Overall trading with a low of USD$1363 and high of USD $1385 before ending the New York session at USD$1378 an ounce. Reclaimed $90 on strong US data as sentiment remains… Read more