XAU Trading Outlook Archive

Oil &amp Gold (XAU) fell sharply down to $1360 as profit taking saw longs exit the market. Overall trading with a low of USD$1360 and high of USD $1387 before ending the New York session at USD$1370 an ounce. Oil fell below $88 on China… Read more

Oil &amp Gold (XAU) submitted to Dollar strength but did not move sharply lower as sovereign debt concerns offered support to the alternate currency. Overall trading with a low of USD$1378 and high of USD $1397 before ending the New York session at USD$1395 an… Read more

Oil &amp Gold (XAU) Gold pushed above $1400 but reversed sharply above the level to finish unchanged. Overall trading with a low of USD$1391 and high of USD $1408 before ending the New York session at USD$1395 an ounce. Failed twice at $89 and pulled… Read more

Oil &amp Gold (XAU) Gold rallied but failed to break key resistance at $1400. Overall trading with a low of USD$1379 and high of USD $1400 before ending the New York session at USD$1396 an ounce. Resumed its uptrend moving back above $89 briefly before… Read more

Oil &amp Gold (XAU) gold fell sharply in the US session over $20 an ounce before stabilizing at familiar levels. Overall trading with a low of USD$1372 and high of USD $1393 before ending the New York session at USD$1385 an ounce. Fell from $89… Read more

Oil &amp Gold (XAU) edged higher orbiting around the $1390 level. Overall trading with a low of USD$1380 and high of USD $1394 before ending the New York session at USD$1388 an ounce. Traded in a 200 point range but finished only slightly higher. WTI… Read more

Oil &amp Gold (XAU) moved another leg lower overnight on a resurgent Dollar. Overall trading with a low of USD$1370 and high of USD $1404 before ending the New York session at USD$1384 an ounce. Oil was slightly weaker overnight but finished well off lows…. Read more

Oil &amp Gold (XAU) Gold crashed off record highs to test $1400 before stabilizing. Overall trading with a low of USD$1396 and high of USD $1431 before ending the New York session at USD$1402 an ounce. Oil Tracked lower towards $88 after trading above $90… Read more

Oil &amp Gold (XAU) Gold took advantage of the sovereign debt concerns to push higher to fresh record highs. Overall trading with a low of USD$1408 and high of USD $1428 before ending the New York session at USD$1420 an ounce. Oil eased slightly on… Read more

Oil &amp Gold (XAU) popped above $1400 extending gains and closed within striking distance of all-time highs at $1424. Overall trading with a low of USD$1386 and high of USD $1416 before ending the New York session at USD$1414 an ounce. Oil continued to rally… Read more