XAUUSD data (Gold/Dollar)
Date : 2025-07-31
Opening : 3292.2
Higher up: 3310.05
Below: 3288.88
Closing : 3304.46

Economic news :
Strong Data Dims Fed Rate Cut Hopes
investingLive European markets wrap: A more muted mood with big events coming up
What Every Trader Should Master Before Entering a Volatile FX Market

Detailed analysis:
Today, the gold market (XAUUSD) is showing a slightly upward trend, closing at 3304.46 after peaking at 3310.05. Recent volatility remains moderate, but traders should keep an eye on upcoming economic events. Key levels to watch include support at 3288 and resistance at 3315. The economic backdrop is marked by solid US economic data, reducing hopes of a rate cut by the Fed, which could put pressure on gold. On the geopolitical front, a relatively stable climate for the time being is not having a significant influence on the market.

**Bullish scenario:** If the price breaks above resistance at 3315, this could pave the way for a move towards 3330. This scenario would be invalidated below 3288. Traders should watch out for signals of strength in the US dollar, which could reverse the trend.

**Range scenario:** Gold could move between 3288 and 3315, in the absence of a major catalyst. Traders should watch for any break outside this zone to anticipate the next directional move.

**Bearish scenario:** A fall below support at 3288 could see gold fall towards 3275. This scenario would be invalidated if the price rises above 3310. Investors should keep an eye on US macroeconomic announcements, which could strengthen the dollar and increase the downward pressure on gold.

**Risk management advice:**
1. **Money Management:** Make sure you use stop-losses to protect your capital, especially in a context where movements can be sudden.
2. **Caution and confirmation:** Avoid overtrading and wait for clear confirmation before taking positions, particularly around identified support and resistance levels.