XAUUSD data (Gold/Dollar)
Date : 2025-07-19
Opening : 3347.6
Higher up: 3351.9
Below: 3341.9
Closing : 3351.3
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Detailed analysis:
The gold market (XAUUSD) is trending slightly upwards today, closing at 3351.3 after reaching a daily high of 3351.9. This trend is being influenced by a recent weakening in the US dollar, partly amplified by comments from the Federal Reserve, which are causing investors to be cautious. The economic context shows that bets on a possible rate cut by the Bank of England have been dampened by British economic data, which could indirectly support gold as a safe-haven asset.
### Trend and Key Levels
- Trend of the day** : Slightly bullish
- Key support** : 3341
- Key resistance**: 3355
- Recent volatility**: Moderate, with movements mainly contained within a narrow range.
### Zones at Risk
- Fluctuations in the US dollar, particularly following the Fed's recent comments, should be watched closely.
- Geopolitical developments, while calm at present, can change quickly and affect demand for gold.
### Potential scenarios
1. **Bullish scenario**.
- Expected trend**: A break above 3355 could pave the way for a more pronounced uptrend.
- Invalidation level**: A return below 3341 would invalidate this scenario.
- Pitfall to avoid**: Don't rush into a false breakout without confirmation.
2. **Range Scenario
- Expected range**: 3341 - 3355
- Strategy**: Exploit the bounces between these limits until a clear breakout occurs.
- Pitfall to avoid**: Avoid trading in the middle of the range without a strong signal.
3. **Cashier scenario
- Expected trend**: A break below 3341 could lead to increased selling pressure.
- Invalidation level**: A return above 3355 would invalidate this scenario.
- Pitfall to avoid**: Do not sell on a medium without volume confirmation.
### Risk Management Advice
- Caution with leverage**: Use moderate leverage to avoid amplified losses in the event of a sudden move against your position.
- Signal Confirmation**: Wait for clear confirmation before entering a position, particularly in the current climate where false signals can be frequent.
In short, keep a close eye on macroeconomic developments, particularly around movements in the dollar, and adjust your positions according to key technical levels and market confirmations.
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