XAUUSD data (Gold/Dollar)
Date : 2025-08-09
Opening : 3387.21
Higher up: 3393.8
Below: 3375
Closing : 3389.32

Economic news :
investingLive European markets wrap: Dollar, stocks steady in final stretch of the week
Markets Oscillate Between Trade War Fears And Fed Cut Hopes
Sterling and aussie look to shake off the seasonal blues this year

Detailed analysis:
Today, gold (XAUUSD) is showing a slight uptrend, closing above its opening level, with moderate volatility. The precious metal oscillated between lows of 3,375 and highs of 3,393.80, finally settling at 3,389.32. The key support and resistance levels to watch are 3,375 and 3,395 respectively.

In the macroeconomic context, the US dollar is stable, influenced by expectations of potential rate cuts by the Fed, while fears of a trade war continue to weigh on the markets. Geopolitical tensions remain an underlying factor, but with no immediate major disruptive event.

**Potential short-term scenarios:**

1. **Bullish scenario:** If gold breaks through resistance at 3,395, we could see an extension towards 3,410. However, this scenario would be invalidated if the price falls back below 3,380. Traders should be cautious about false breaks above 3,395.

2. **Range scenario:** Gold could oscillate between support at 3,375 and resistance at 3,395. Traders should watch for reactions at the extremes of this range, avoiding taking positions until there is clear confirmation of direction.

3. **Bearish scenario:** If the price breaks below support at 3,375, gold could fall towards 3,360. This scenario would be invalidated if the price rises above 3,385. Beware of rapid rebounds from support.

**Risk management advice:**

- Wait for confirmation:** Before entering a position, make sure the move is confirmed by sustained volumes and other technical indicators to avoid false signals.

- Avoid overtrading:** Keep a disciplined approach, and don't get carried away by volatile short-term movements. Stick to your initial trading plan and adjust your stops accordingly.

In short, keep an eye on key levels and economic news likely to influence market sentiment, while applying rigorous risk management.