XAUUSD data (Gold/Dollar)
Date : 2025-07-29
Opening : 3322.01
Higher up: 3335
Below: 3318.39
Closing : 3330.17

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:
Today, gold (XAUUSD) is showing a slightly bullish trend, closing at 3330.17 after hitting an intraday high of 3335. Key support lies around 3318, while immediate resistance lies near 3340. Volatility remains moderate, but traders should keep an eye on movements in the dollar, which is currently weakening on the back of a recent trade agreement with Japan.

Recent geopolitical events, as well as potential policy adjustments by the Fed, add a layer of uncertainty. Inflation also remains a key factor, although the latest data show a stabilisation.

### Potential short-term scenarios :

1. **Bullish scenario**: If the price breaks above resistance at 3340 with volume, gold could target 3360. This scenario would be invalidated if the price broke back below 3318. Traders should be wary of false breaks above 3340.

2. **Range scenario** : The yellow metal could move between 3318 and 3340, with sideways momentum. The limits of this range are essential to avoid the pitfalls of over-reaction. Watch for candlestick confirmation before taking positions.

3. **Bearish scenario**: A break below 3318 could pave the way for a fall towards 3300. This move would be invalidated by a rise above 3335. Traders should be wary of sudden rebounds linked to economic news.

### Risk management advice :

- Money Management**: Manage your positions prudently by limiting your exposure to a reasonable percentage of your total capital, e.g. 1-2 % per trade.

- Confirmation before action**: Wait for clear confirmation on key levels before initiating new positions, especially in a context of moderate volatility and geopolitical uncertainty.

In short, keep a close eye on macroeconomic and geopolitical developments, which could rapidly influence gold's momentum. Current technical levels offer opportunities, but require disciplined management.