XAUUSD data (Gold/Dollar)
Date : 2025-07-17
Opening : 3344.7
Higher up: 3352.25
Below: 3336.6
Closing : 3342.4
Economic news :
Global FX Market Summary: Escalating Trade Tensions and Tariffs, FED, ECB 16 July 2025
Markets Cheer The Downtick In U.S. PPI
GBP/USD Steadies After Hotter-than-expected Inflation
Detailed analysis:
Today, the gold market (XAUUSD) is showing a slight downtrend, closing below the opening level of 3342.4 after oscillating between a high of 3352.25 and a low of 3336.6. Volatility remains moderate, but rising trade tensions and recent tariff adjustments are weighing on market sentiment. In addition, the recent fall in the US Producer Price Index (PPI) has eased pressure on inflation somewhat, indirectly influencing gold through its impact on the FED's monetary policy expectations.
### Key levels :
- Support:** 3330
- Resistance:** 3360
### Zones at risk :
- The zone around 3330 is critical, and a breach could accentuate the downward pressure.
- At the top, the 3360 zone could be a turning point if it is tested.
### Potential scenarios :
1. **Bullish scenario:**
- Trigger:** A rebound above 3360 with sustained volume.
- Invalidation:** Back below 3340.
- Levels to watch:** Resistance at 3380.
- Pitfalls to avoid:** False signals on impulsive movements linked to economic news.
2. **Range scenario:**
- Corners:** Between 3330 and 3360.
- Strategy:** Buy near support, sell near resistance.
- Levels to watch out for:** Watch out for potential breaks beyond these limits.
- Pitfalls to avoid:** Don't rush into breaks without confirmation.
3. **Bearish scenario:**
- Trigger:** Clear break below 3330.
- Invalidation:** Back above 3350.
- Levels to watch out for:** Secondary support at 3300.
- Traps to avoid:** Hasty selling without a clear bearish continuation signal.
### Risk management advice :
1. **Wait for confirmation:** Before entering a position, make sure you have clear, confirmed signals to avoid the pitfalls of erratic movements.
2. **Avoid overtrading:** Remain disciplined, don't multiply positions for no good reason, especially in an environment of uncertain volatility. Prioritise the quality of transactions over quantity.
Adapt your strategy in the light of these factors and keep an eye on geopolitical and economic developments that could influence gold's movements.
English (UK) 
Français