XAUUSD data (Gold/Dollar)
Date : 2025-08-04
Opening : 3363.4
Higher up: 3384.39
Below: 3348.8
Closing : 3379.29

Economic news :
Weak Jobs Data Limits Dollar's Rebound
Markets Buoyed By Fed Rate Cut Hopes
GBP/USD Outlook: Dollar's Slide Fuels Pound Rally

Detailed analysis:
On 4 August 2025, the gold market (XAUUSD) is showing a moderately bullish trend, closing at 3379.29, after testing a low of 3348.8 and a high of 3384.39. Recent volatility remains contained, but expectations of a Fed rate cut are fuelling cautious optimism. The US dollar, impacted by weak employment data, is struggling to rebound, reinforcing gold's appeal as a safe-haven asset.

Key levels to watch include immediate support around 3350, while main resistance is near 3385. Risk areas remain around US economic announcements likely to influence monetary policy expectations.

Bullish scenario: If the price manages to break through and hold above 3385, a move towards 3400 could be envisaged. This scenario would be invalidated if the price were to fall back below 3350. Beware of false signals near resistance, where rapid profit-taking could occur.

Range scenario: The price could move between 3350 and 3385, reflecting a consolidation before a potential breakout. Traders should monitor volumes and breakout confirmations to avoid taking positions prematurely.

Bearish scenario: A break below 3350 would open the way to 3320. This scenario would be invalidated above 3385. Caution is advised in the face of sudden reversals, especially in the event of unexpected macroeconomic news.

For effective risk management today, it is advisable to :
1. Set tight stops to limit potential losses, especially in the face of abrupt movements influenced by economic data.
2. Avoid overtrading by remaining patient and waiting for clear confirmation before entering the market, particularly during periods of low volatility.