XAUUSD data (Gold/Dollar)
Date : 2025-07-28
Opening : 3338
Higher up: 3351.53
Below: 3322
Closing : 3332.6

Economic news :
Global Markets React to Trade Deals, Geopolitical Shifts, and Central Bank Moves
Investinglive Americas FX news wrap 25 Jul: The dollar moves higher ahead of a busy week
GBP/USD Slips Again as Retail Sales Rebound Misses Forecasts

Detailed analysis:
On 28 July 2025, the gold market (XAUUSD) is trending slightly downwards. Gold opened at 3338 and closed at 3332.6, with a high at 3351.53 and a low at 3322. Key levels to watch include major support around 3320 and critical resistance at 3355. Recent volatility indicates a moderate range, reflecting some hesitation on the part of investors.

The recent strengthening of the US dollar, boosted by expectations of rate hikes and a favourable macroeconomic backdrop in the United States, continues to weigh on gold. In addition, recent trade agreements and geopolitical adjustments are adding another layer of complexity to the market, increasing the risk of unexpected fluctuations.

### Potential scenarios

1. **Bullish scenario:**
- Projection:** In the event of a rebound above 3355, gold could target 3375.
- Invalidation:** A return below 3320 would invalidate this scenario, signalling increased selling pressure.
- Levels to watch:** 3355, 3375
- Traps to avoid:** Do not enter long positions without clear confirmation of a break above 3355.

2. **Range scenario:**
- Projection:** Fluctuation between 3320 and 3355, with probable consolidation.
- Corners:** Support at 3320, resistance at 3355.
- Levels to watch:** 3320, 3355
- Pitfalls to avoid:** Avoid overtrading in this range without clear breakout signals.

3. **Cashier scenario:**
- Projection:** A break below 3320 could push gold towards 3300.
- Invalidation:** A rise above 3355 would weaken this scenario.
- Levels to watch:** 3320, 3300
- Pitfalls to avoid:** Do not enter the short position if the 3320 support is holding firmly.

### Risk Management Advice

- Caution and confirmation:** Wait for clear confirmation before taking positions, especially against a backdrop of moderate volatility and macroeconomic uncertainty.
- Position management:** Limit the size of positions to avoid overexposure, especially in the face of potential fluctuations due to geopolitical and economic news.

Adopt a methodical approach, keeping an eye on key levels and macroeconomic developments, to navigate this complex market carefully.