XAU Trading Outlook Archive

Oil &amp Gold (XAU) XAU also did well to take advantage of positive investor sentiment, ending the day up US$8.40 an ounce to close at US$1,344.40, whilst Oil also rose further aided by inventories coming in at 0.7 million barrels, short of the 1.5 million… Read more

Oil &amp Gold (XAU) XAU had a tumultuous time on Tuesday, falling in excess of 3.0% or US$41.40 to trade at US$1,330.70. Oil also eased on Tuesday, falling US$3.59 a barrel to trade at US$79.49 a barrel.

Oil &amp Gold (XAU) XAU moved higher ending the day at US$1,372.60, doing well to shrug off early day selling pressure. Oil rebounded to take advantage of a weaker dollar, up by US$1.83 to trade at US$83.08 a barrel.

Oil &amp Gold (XAU) XAU in similar fashion, traded within $2 of record highs shortly after Bernanke comments, before selling off more than $25 to trade as low as $1,357.60 before ending at $1.370.50. XAU finished the week up by 2% overall. Oil too fell… Read more

Oil &amp Gold (XAU) XAU once again traded a fresh record high on Thursday, to trade at a level of US$1387.20, whilst Oil also pushed higher to trade at US$84.12 a barrel, to take advantage of a weak USD.

Oil &amp Gold (XAU) XAU traded at an all-time high of 1,375.00 an ounce during the US session on buoyant investor demand, whilst Oil too rose on Wednesday to trade at US$83.45 a barrel. UPDATE XAU trades at fresh record highs of 1377.20

Oil &amp Gold (XAU) XAU eased by US$7.70 to trade at US$1,346.70, whilst Oil traded lower for second successive day falling by US$0.54 to trade at US$81.67 as OPEC indicated that output targets will remain steady.

Oil &amp Gold (XAU) XAU rose by US$9.1 an ounce to US$1354.40, whilst Oil eased by US$0.45 to trade at US$82.21 a barrel.

Oil &amp Gold (XAU) rebounded well as uncertainty in the US economy remained. XAU rose by US$10.30 an ounce to trade at US$1345.30. Oil also rebounded against a weaker dollar, up by 1.2% to US$82.66

Oil &amp Gold (XAU) rallied to all time highs before crashing over $30 an ounce on USD demand and profit taking.Overall trading with a low of USD$1325 and high of USD $1364 before ending the New York session at USD$1334 an ounce. Fell under profit… Read more