XAU Trading Outlook Archive

Oil &amp Gold (XAU) Gold rallied sharply up $20 an ounce. Overall trading with a low of USD$1340 and high of USD $1363 before ending the New York session at USD$1360 an ounce. Oil jumped with most commodities testing $82 a barrel. WTI Oil Closed… Read more

Oil &amp Gold (XAU) Gold managed a small bounce back to above the $1340 level. Overall trading with a low of USD$1330 and high of USD $1345 before ending the New York session at USD$1337 an ounce. Oil weakness continued even as US Oil inventories… Read more

Oil &amp Gold (XAU) the Gold correction continued with heavy selling pushing the precious metal down over $20 an ounce. Overall trading with a low of USD$1329 and high of USD $1364 before ending the New York session at USD$1339 an ounce. Oil fell sharply… Read more

Oil &amp Gold (XAU) Gold continued to be sold on rallies with profit taking competing with safe haven demand. Overall trading with a low of USD$1355 and high of USD $1377 before ending the New York session at USD$1360 an ounce. Oil rebounded before falling… Read more

Oil &amp Gold (XAU) major downside moves where seen on heavy unwinding of long positions. Overall trading with a low of USD$1360 and high of USD $1395 before ending the New York session at USD$1370 an ounce. Oil Crashed through $85 support on China tightening… Read more

Oil &amp Gold (XAU) close back above $1400 as sovereign risk trumped the USD strength. Overall trading with a low of USD$1396 and high of USD $1418 before ending the New York session at USD$1406 an ounce. Oil reversed direction on profit taking. WTI Oil… Read more

Oil &amp Gold (XAU) pivoted around the key $1400 level with profit taking competing with fresh buyers. Overall trading with a low of USD$1383 and high of USD $1411 before ending the New York session at USD$1403 an ounce. Oil Surged on Bullish US Oil… Read more

Oil &amp Gold (XAU) was extremely volatile falling sharply from $1420 on news margin requirements for silver would be increased for traders. Overall trading with a low of USD$1382 and high of USD $1424 before ending the New York session at USD$1402 an ounce. Oil… Read more

Oil &amp Gold (XAU) broke cleanly above the $1400 closing the day at all time highs $1410. Overall trading with a low of USD$1386 and high of USD $1411 before ending the New York session at USD$1394 an ounce. Rebounded from early selling back to… Read more

Oil &amp Gold (XAU) in a very bullish move, USD strength after the Jobs data was reversed and fresh record highs just under $1400 were seen. Overall trading with a low of USD$1372 and high of USD $1398 before ending the New York session at… Read more