XAUUSD data (Gold/Dollar)
Date : 2025-07-24
Opening : 3389.03
Higher up: 3396.34
Below: 3380
Closing : 3387.7

Economic news : No news found.

Detailed analysis:
The day of 24 July 2025 on the gold market (XAUUSD) is characterised by a slightly downward trend. Gold opened at 3389.03, peaked at 3396.34, bottomed at 3380, and closed at 3387.7. Key levels to watch include immediate support at 3380 and resistance at 3396. Recent volatility remains moderate, indicating hesitation among traders.

The US dollar is showing slight strength, which is putting downward pressure on gold. US interest rates are stable, but the inflation outlook continues to weigh on the market. There is no significant geopolitical news to upset the current balance, but ongoing tensions in emerging markets are creating a climate of caution.

### Potential short-term scenarios :

1. **Bullish scenario**: If gold manages to break through resistance at 3396 with increased volume, it could target 3405 as its next objective. This scenario would be invalidated by a return below 3385, indicating persistent weakness.

2. **Range scenario**: A consolidation between 3380 and 3396 is possible, with oscillations limited by these levels. Traders should watch for a clear break of these limits before taking positions.

3. **Bearish scenario**: If support at 3380 is broken, gold could move down towards 3370, reinforcing the downward pressure. This scenario would be invalidated by a rebound above 3390, signalling a potential return to neutrality.

### Risk management advice :

- Caution and confirmation**: Wait for clear confirmation before taking positions, especially in a context of moderate volatility and persistent uncertainty.

- Overtrading management**: Avoid overtrading in a range or low-volatility market. Remain disciplined and focus on well-defined setups to optimise your entries and exits.

Adopt a measured approach and stay alert to market signals to navigate this session effectively.