Analyse XAUUSD - 2025-07-21 (21:49)

XAUUSD data (Gold/Dollar)
Date : 2025-07-21
Opening : 3345
Higher up: 3401.39990
Below: 3345
Closing : 3397.91

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Detailed analysis:
Today, the gold market (XAUUSD) is showing a bullish trend, with an opening price of 3345 and a closing price of 3397.91. Volatility has been notable, peaking at 3401.39990. Key levels to watch include immediate support around 3350 and resistance near 3420. On the macroeconomic front, the US dollar remains under pressure due to speculation over Fed interest rates, while inflation continues to influence market expectations. Recent geopolitical tensions, particularly instability in Asia, could also bolster demand for gold as a safe-haven asset.

**Potential short-term scenarios:**

1. **Bullish scenario:** If the price breaks through resistance at 3420, an extension towards 3450 could materialise. This scenario would be invalidated by a return below 3350. Traders should keep an eye on US economic releases, which could have an impact on the dollar.

2. **Range scenario:** Gold could oscillate between 3350 and 3420 if macroeconomic uncertainties persist. Active traders could exploit this channel while waiting for a clear catalyst. Beware of false break signals near these limits.

3. **Bearish scenario:** If gold falls below 3350, a move towards support at 3300 is conceivable. This scenario would be invalidated by a return above 3420. Caution should be exercised in the face of the Fed's announcements, which could strengthen the dollar, pushing gold lower.

**Risk management advice:**

- Money Management:** Be sure to adjust your position sizes so as not to risk more than 1 to 2 % of your capital on a single trade. Volatile markets require strict discipline to avoid large losses.

- Signal confirmation:** Before entering a position, wait for clear confirmation of a breakout or rebound at key levels to avoid market traps. Don't rush into impulsive moves without technical validation.