Analyse XAUUSD - 2025-07-22 (07:49)

July 22, 2025

XAUUSD data (Gold/Dollar)
Date : 2025-07-22
Opening : 3397.33
Higher up: 3402.77002
Below: 3384.56
Closing : 3384.78

Economic news :
investingLive European markets wrap: Japanese yen jumps, cryptos continue to run hot
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Detailed analysis:
In the current context, gold (XAUUSD) is showing a short-term downtrend, closing lower at 3384.78, after peaking at 3402.77 and bottoming at 3384.56. Volatility remains moderate, but downward pressure appears to be intensifying. The key support and resistance levels to watch are around 3370 and 3405 respectively.

The US dollar, despite fluctuations, remains relatively stable, which does not offer gold any significant support for a rebound. Recent UK economic data, which tempered expectations of a rate cut by the Bank of England, did not have a direct impact on gold, but it did signal increased market attention to monetary policy. On the geopolitical front, the rise in the Japanese yen could indicate growing risk aversion, but this has not yet substantially stimulated demand for gold as a safe-haven asset.

### Potential short-term scenarios :

1. **Bullish scenario:** If gold manages to break through resistance at 3405, a move towards 3420 could take shape. This scenario would be invalidated by a move back below 3380. Traders should keep an eye on major economic announcements that could influence the dollar.

2. **Range scenario:** Gold could move between 3370 and 3405, with oscillations limited by these limits. Traders should be on the lookout for false breakout signals. Patience will be crucial to avoid market traps.

3. **Bearish scenario:** A break of support at 3370 could lead to a fall towards 3350. This scenario would be invalidated by a rebound above 3405. Traders should remain vigilant for a possible rise in volatility in the event of unexpected economic news.

### Risk management advice :

- Money management:** Commit only a fraction of your capital to each transaction to limit potential losses in the event of an unexpected market downturn.

- Confirmation warning:** Do not take positions based on impulsive movements. Wait for clear confirmation before entering the market to avoid overtrading and hasty decisions.

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