XAUUSD data (Gold/Dollar)
Date : 2025-07-28
Opening : 3338
Higher up: 3351.53
Below: 3322
Closing : 3343.62
Economic news :
Global Markets React to Trade Deals, Geopolitical Shifts, and Central Bank Moves
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Detailed analysis:
Today, gold (XAU/USD) is trending slightly higher, closing at 3343.62 after opening at 3338. Key levels to watch include immediate support around 3322 and resistance at 3351.53. Recent volatility remains moderate, but movements in the US dollar, which has strengthened recently, could influence this dynamic. The dollar's rise is fuelled by expectations of a tighter monetary policy from the Fed, in response to persistent inflation. In addition, markets are reacting to geopolitical developments and global trade negotiations, which may add a layer of uncertainty.
**Potential scenarios:**
1. **Bullish scenario:** If gold manages to break above resistance at 3351.53, we could see a continuation towards 3370. This scenario would be invalidated if the price falls back below support at 3322. Traders should keep an eye on major economic announcements, which could amplify volatility.
2. **Range scenario:** Gold could move between 3322 and 3351.53, with traders looking to exploit bounces in between. A clear break of this range would signal a new direction. Pitfalls to avoid include false starts around psychological levels.
3. **Bearish scenario:** A break below 3322 could pave the way for a fall towards 3300. This scenario would be invalidated if the price rises above 3351.53. Traders should keep a close eye on US macroeconomic data, particularly inflation figures, which could strengthen the dollar.
**Risk management advice:**
- Adopt a disciplined money management approach:** Set strict stop-loss levels to protect your capital and avoid risking more than 1-2% of your capital per trade.
- Avoid overtrading:** Wait for clear confirmation of trends or level breaks before entering the market, especially in a context of moderate volatility where movements can be misleading.
To sum up, although gold has shown an upward trend, economic and geopolitical uncertainties suggest that we should remain cautious and manage our risks carefully at this time.
