Oil & Gold (XAU) tested $1350 multiple times but the key resistance held comfortably. Overall trading with a low of USD$1338 and high of USD $1350 before ending the New York session at USD$1345 an ounce. Oil edged higher above $83 a barrel. WTI Oil… Read more
XAU Trading Outlook Archive
Oil & Gold (XAU) Trading Outlook (07-10-2010)
October 7, 2010Oil & Gold (XAU) Trading Outlook (06-10-2010)
October 6, 2010Oil & Gold (XAU) popped higher in the US session shooting quickly to fresh record highs above $1340. Overall trading with a low of USD$1312 and high of USD $1342 before ending the New York session at USD$1340 an ounce. Oil resumed its rally on… Read more
Oil & Gold (XAU) Trading Outlook (05-10-2010)
October 5, 2010Oil & Gold (XAU) failed to breach $1320 and eased back on profit taking. Overall trading with a low of USD$1311 and high of USD $1320 before ending the New York session at USD$1314 an ounce. Oil rallied before easing back to opening levels. WTI… Read more
Oil & Gold (XAU) Trading Outlook (04-10-2010)
October 4, 2010Oil & Gold (XAU) fresh all time highs as the precious metal pushed towards $1320 before consolidating into the weekend. Overall trading with a low of USD$1308 and high of USD $1321 before ending the New York session at USD$1318 an ounce. Oil pushed higher… Read more
Oil & Gold (XAU) Trading Outlook (01-10-2010)
October 1, 2010Oil & Gold (XAU) Tested $1300 before rebounding and closing near opening levels. Overall trading with a low of USD$1296 and high of USD $1316 before ending the New York session at USD$1308 an ounce. Oil made good gains testing $80 an barrel. WTI Oil… Read more
Oil & Gold (XAU) Trading Outlook (30-09-2010)
September 30, 2010Oil & Gold (XAU) consolidated above the $1300 level in a quiet range. Overall trading with a low of USD$1305 and high of USD $1313 before ending the New York session at USD$1310 an ounce. Oil gained 2% as US inventories showed a drop. WTI… Read more
Oil & Gold (XAU) Trading Outlook (29-09-2010)
September 29, 2010Oil & Gold (XAU) finally broke above $1300 to fresh all time highs on USD debasement fears. Overall trading with a low of USD$1282 and high of USD $1310 before ending the New York session at USD$1307 an ounce. Oil bucked the market trend losing… Read more