XAUUSD analysis - 2025-07-18 (08:51)

XAUUSD data (Gold/Dollar)
Date : 2025-07-18
Opening : 3303.71
Higher up: 3349.78003
Below: 3303.71
Closing : 3348.38989

Economic news :
FX option expiries for 18 July 10am New York cut
Wipro Announces Results for the Quarter Ended June 30, 2025
Strong Economic Data From U.S. Lifts Sentiment

Detailed analysis:
Today, 18 July 2025, gold (XAUUSD) is showing a notable uptrend, peaking near its highest levels of the day. The close at 3348.38, after a peak at 3349.78, shows strong buying pressure. Key supports lie around 3320 and 3300, while immediate resistance could be tested around 3350. Recent volatility has increased, partly due to FX options expiring at 10am in New York, influencing intraday movements.

The US dollar, supported by solid economic data, is exerting moderate pressure on gold, but the current upward momentum remains intact. Stable key rates and inflation under control in the United States do not appear to be weighing heavily on the precious metal. However, traders must remain vigilant for any unexpected geopolitical changes that could upset the market.

### Potential short-term scenarios :

1. **Bullish scenario**: If gold breaks above resistance at 3350, we could see an extension towards 3375. This scenario would be invalidated if the price fell back below 3320, indicating a weakening of buying pressure.

2. **Range scenario**: Gold could oscillate between 3320 and 3350 as traders seek to exploit intraday fluctuations. A clear break of one of these boundaries would be needed to break out of this configuration.

3. **Bearish scenario**: If gold falls back below 3320, it could test support at 3300. This scenario would be invalidated by a rise above 3350, signalling renewed buyer confidence.

### Risk management advice :

- Money Management**: Make sure you don't overextend your positions. Use a reasonable stop-loss to protect capital, especially in an environment of increased volatility.

- Wait for confirmation**: Before taking a position, wait for clear confirmation of key technical levels to avoid false signals, particularly around option expiries which can lead to erratic movements.

These recommendations are intended to guide you in your trading decisions on the XAUUSD, taking into account current dynamics and potential risks. Keep a close eye on economic developments and adjust your strategy accordingly.