XAUUSD data (Gold/Dollar)
Date : 2025-08-06
Opening : 3379.59
Higher up: 3385.25
Below: 3362.51
Closing : 3369.2

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Detailed analysis:
Today, the gold market (XAUUSD) is trending lower after closing at 3369.2, down from its opening at 3379.59. Recent volatility remains moderate, with a limited daily range between 3362.51 and 3385.25. Key levels to watch include major support at 3360, while resistance lies around 3390.

The US dollar is showing slight weakness, influenced by hopes of a cut in key interest rates, which would normally support gold. However, the absence of significant geopolitical tensions and stable US macroeconomic data are keeping downward pressure on the precious metal.

### Potential short-term scenarios :

1. **Bullish scenario:** If the price manages to break above resistance at 3390, an advance towards 3420 could be envisaged. This scenario would be invalidated if the price falls back below 3360.

2. **Range scenario:** The market could move sideways between 3360 and 3390. Traders should watch for potential breaks at these levels to confirm a direction.

3. **Bearish scenario:** If support at 3360 is broken, gold could fall towards 3330. This scenario would be invalidated if the price rises above 3390.

### Risk management advice :

1. **Caution and confirmation:** Wait for clear confirmation before taking positions, especially when testing support and resistance levels.

2. **Avoid overtrading:** Don't multiply positions for no reason, especially in a relatively calm market. Concentrate on quality trades with well-defined risk levels.

To sum up, although gold is in a downtrend today, market conditions can change rapidly depending on movements in the dollar and monetary policy expectations. Take a measured approach and keep an eye on key levels.