XAUUSD data (Gold/Dollar)
Date : 2025-07-19
Opening : 3347.6
Higher up: 3352.6
Below: 3341.9
Closing : 3347.9

Economic news :
Is the GBP/USD Pullback Just Technical Noise or a Deeper Bullish Reversal?
GBP/USD Price Analysis: UK Data Dampens BoE Rate Cut Bets
ForexLive European FX news wrap: Dollar gets a case of the Waller hangover

Detailed analysis:
Today, gold (XAUUSD) is showing a neutral trend, with an opening at 3347.6, a high at 3352.6, a low at 3341.9, and a slightly bullish close at 3347.9. Recent volatility remains moderate, suggesting a market waiting for major catalysts. Key levels to watch include support at 3340 and resistance at 3355.

The US dollar is showing signs of weakness following Waller's recent comments, which could support gold in the short term. However, the macroeconomic situation in the United States, with inflation still a concern and key interest rates stable, could limit any significant upward movement. On the geopolitical front, no major tensions have emerged recently to directly influence gold prices.

Potential short-term scenarios :

1. **Bullish scenario**: If the price breaks above resistance at 3355, gold could target levels around 3365. This scenario is invalidated below 3340, where a break could lead to increased selling pressure. Keep an eye on momentum indicators to avoid false bullish signals.

2. **Range scenario** : Gold could move sideways between 3340 and 3355, reflecting market expectations. In this case, traders should exploit the extremities of the range for low-risk entries, while remaining vigilant for a possible breakout.

3. **Bearish scenario**: A break below support at 3340 could push gold towards 3330. This scenario would be invalidated if the price rises above 3355. Beware of the pitfalls of selling quickly on break signals that are not confirmed by volume.

Risk management tips for today :

- Adopt a cautious approach and avoid overtrading. Wait for key levels to be tested and confirmed before taking positions.
- Make sure you set clear stops to protect your capital, especially in a climate of moderate volatility where reversals can be frequent.

In short, the day looks set to be devoid of any strong directional movement, with the market awaiting further news. So adapt your strategies accordingly, giving priority to patience and discipline.