XAUUSD data (Gold/Dollar)
Date : 2025-07-28
Opening : 3338
Higher up: 3351.53
Below: 3312
Closing : 3319.51
Economic news :
Safe-haven Dollar Drops Amidst Trade Deal With Japan
Markets Start Crucial Week On A Mixed Note
Global Markets React to Trade Deals, Geopolitical Shifts, and Central Bank Moves
Detailed analysis:
On 28 July 2025, the gold market (XAUUSD) is trending downwards, closing at 3319.51, down from the opening price of 3338. Recent volatility has been moderate, with a range of 39.53 points between the high at 3351.53 and the low at 3312. Immediate support levels lie around 3312, while key resistance is at 3350.
The weakening of the US dollar following the trade agreement with Japan temporarily supported gold, but downward pressure persists. World markets are awaiting central bank decisions and reacting to recent trade agreements and geopolitical changes. These factors are influencing expectations about key interest rates and inflation, with a direct impact on demand for gold as a safe-haven asset.
**Potential scenarios:**
1. **Bullish scenario:** If the price rebounds above 3350, we could aim for a target of 3380. This scenario would be invalidated if the price falls back below 3312. Traders should watch for an increase in volume to confirm the move.
2. **Range scenario:** If the price remains between 3312 and 3350, this could indicate a range. The boundaries to watch are 3312 (support) and 3350 (resistance). It is crucial to avoid buying or selling traps in false breakouts near these levels.
3. **Bearish scenario:** If support at 3312 is broken, the price could fall towards 3280. This scenario would be invalidated if the price rises back above 3350. Beware of technical rebounds, which can trap over-aggressive short-sellers.
**Risk management advice:**
- Money Management:** It is essential to calibrate your positions taking account of current volatility and to place appropriate stops to avoid excessive losses.
- Confirmation of movements:** Waiting for clear confirmation via technical signals or volume indicators before taking positions can avoid premature commitments to unconfirmed movements.
Adopt a cautious attitude and adjust your strategies in line with changing market conditions.
