XAU Trading Outlook Archive

Oil &amp Gold (XAU) XAU traded at a fresh all time high of US$1393.20 whilst Oil also moved higher to US$%86.49 and the weak USD.

Oil &amp Gold (XAU) XAU fell by US$19.30 an ounce to US$1,337.60 with plenty of position squaring seen ahead of the FOMC meeting. Crude oil inventories fell to 2 Million barrels from previous 5 Million Barrels pushing Oil prices up by US$1.04 a barrel to… Read more

Oil &amp Gold (XAU) XAU traded in a defined range, resembling that of the previous trading day. XAU traded with a low of US$1350.20 a high of $US1359.90 before closing at $1356.90. Oil took advantage of a weaker dollar up US$0.95 or 1.1% to close… Read more

Oil &amp Gold (XAU) XAU eased from Friday&rsquo s gains, falling US$7.00 to US$1350.60 an ounce. Oil moved higher to US$83.86 a barrel, as Saudi Oil minister indicated the prices would remain comfortable for consumers in a range between $70 to $90.

Oil &amp Gold (XAU) is very sensitive to US QE2 news and thus responded sharply to the topside on fresh FED chatter. Overall trading with a low of USD$1322 and high of USD $1346 before ending the New York session at USD$1341 an ounce. Oil… Read more

Oil &amp Gold (XAU) fell back on lower US QE2 expectations. Overall trading with a low of USD$1318 and high of USD $1344 before ending the New York session at USD$1327 an ounce. Oil fell back slightly but bounced off lows. WTI Oil Closed -$0.30… Read more

Oil &amp Gold (XAU) dipped in the US session but found support to finish roughly unchanged on the day. Overall trading with a low of USD$1327 and high of USD $1344 before ending the New York session at USD$1339 an ounce. Oil was quiet staying… Read more

Oil &amp Gold (XAU) did well in the weak Dollar environment but gave up most of the gains in the US session. Overall trading with a low of USD$1332 and high of USD $1350 before ending the New York session at USD$1340 an ounce. Oil… Read more

Oil &amp Gold (XAU) fell to multi-week lows ahead on the G20 meeting with traders continuing to lock in profit from the recent rally. Overall trading with a low of USD$1315 and high of USD $1329 before ending the New York session at USD$1325 an… Read more

Oil &amp Gold (XAU) was sold aggressively down as much as 2.3% on Thursday, before ending the day lower by US$18.80 an ounce to close at US$1,324.75. Crude Oil in similar fashion eased by US$1.21 to US$80.56 a barrel.