XAUUSD analysis - 2025-07-14 (10:06)

XAUUSD data (Gold/Dollar)
Date : 2025-07-14
Opening : 3356.92
Higher up: 3375.020020
Below: 3349
Closing : 3365.12988

Economic news :
Global Markets Show Mixed Signals: Asian Currencies Strengthen, JGB Yields Rise, European Futures Dip
U.S. Dollar Strengthens Amid Trade Tariff Speculations
ForexLive European FX news wrap: Dollar steady, equities down awaiting trade developments

Detailed analysis:
Today's session for XAUUSD looks interesting with a recent close at 3365.12. The trend looks slightly bullish, although volatility remains moderate with a range for the day between 3349 and 3375. Traders should keep an eye on key support at 3349, while immediate resistance lies around 3375.

The strengthening US dollar, fuelled by speculation about trade tariffs, is putting pressure on gold. Rising Japanese bond yields (JGBs) could also influence investor sentiment, as could hesitant European markets. These factors, combined with an uncertain US economic backdrop, are contributing to a complex dynamic for gold.

**Bullish scenario:**
If the XAUUSD breaks through resistance at 3375 with significant volume, a move towards 3390 could be envisaged. However, this scenario would be invalidated if the price falls back below 3350, signalling a lack of conviction on the part of buyers.

**Range scenario:**
Against a backdrop of consolidation, gold could move between 3349 and 3375. Traders need to watch for false breaks at these levels to avoid potential pitfalls, especially with the dollar fluctuating in the background.

**Bearish scenario:**
A break below 3349 could pave the way for a fall towards 3330. This scenario would be invalidated if the price rises back above 3370, indicating a return of buying pressure.

To navigate these uncertainties, it is crucial to **maintain strict capital management**, limiting exposure to reasonable levels. In addition, **avoid overtrading** by waiting for clear confirmation before taking positions. A disciplined approach will make it easier to manage risk in this complex environment.