XAUUSD data (Gold/Dollar)
Date : 2025-07-12
Opening : 3349.8
Higher up: 3354.76
Below: 3343.6
Closing : 3348.6
Economic news :
U.S. Dollar Strengthens Amid Trade Tariff Speculations
ForexLive European FX news wrap: Dollar steady, equities down awaiting trade developments
Tariff Turbulence Haunts Markets
Detailed analysis:
On 12 July 2025, the gold market (XAUUSD) is trending slightly downwards. The price opened at 3349.8 and closed at 3348.6, showing a slight contraction despite moderate volatility, with a high of 3354.76 and a low of 3343.6. This movement comes against a backdrop of a strengthening US dollar, influenced by speculation about new tariff barriers. Equity markets are also awaiting trade developments, which adds a layer of uncertainty.
### Key Supports and Resistances
- Immediate support**: 3340
- Immediate resistance**: 3360
### Volatility and Risk Zones
Recent volatility remains moderate, but developments around trade tariffs may amplify movements. Watch out for announcements of new trade policies that could suddenly affect market sentiment.
### Potential scenarios
1. **Bullish scenario**.
- Assumption**: Rebound from support at 3340.
- Target**: 3360, with a possible extension to 3375 if the dollar weakens.
- Invalidation**: In the event of a break below 3340.
- Pitfall to avoid**: Don't enter too early before a rebound confirmation.
2. **Range Scenario
- Assumption**: Change between 3340 and 3360.
- Corners**: 3340 (support) and 3360 (resistance).
- Strategy**: Sell excesses around 3360 and buy dips around 3340.
- Pitfall to avoid**: Do not overload positions in a low-volatility environment.
3. **Cashier scenario
- Hypothesis**: Break below 3340.
- Target**: 3320, with a potential move towards 3300 if selling pressure intensifies.
- Invalidation**: Rise above 3360.
- Pitfall to avoid**: Avoid short selling too close to support without confirmation.
### Risk Management Advice
- Do not overtrade**: In a context of moderate volatility, it is crucial to remain selective in your entries to avoid depletion of funds and dispersion.
- Wait for confirmation**: Before taking a position, wait for clear confirmation of movements, especially at a time of heightened political and economic uncertainty.
Keep a close eye on economic news and be ready to adjust your strategies according to changes in trade policies and movements in the dollar.
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