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

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Detailed analysis:
The current momentum on the gold market (XAUUSD) seems to indicate a slight uptrend. The price opened at 3387.21 and closed slightly higher at 3389.32, after hitting a high of 3393.8 and a low of 3375. Volatility remains moderate, suggesting a degree of caution on the part of market participants.

In terms of technical levels, key support lies around 3375, while immediate resistance should be watched around 3395. The macroeconomic situation is being influenced by uncertainties linked to international trade tensions, while hopes of a Fed rate cut are providing some support for gold. The US dollar is stable, which is limiting sharp movements in the precious metal for the time being.

**Bullish scenario**: If the price manages to break and hold above 3395, we could envisage a continuation of the rise towards 3410. This scenario would be invalidated if the price were to fall back below 3375. However, traders must remain vigilant in the face of economic announcements likely to strengthen the dollar.

**Range scenario**: If the price oscillates between 3375 and 3395, traders could exploit this zone for range trading strategies. A breach of these limits would indicate a potential change in momentum.

**Bearish scenario**: A fall below support at 3375 could lead to a move towards 3360. This scenario would be invalidated if the price rises above 3395, suggesting renewed buying interest.

To navigate in this environment, rigorous risk management is crucial. Firstly, avoid overtrading: it is preferable to concentrate on a few well-defined opportunities rather than multiplying positions. Secondly, waiting for confirmation before entering a position, particularly when testing critical levels, can reduce the risk of entering the market too early.

To sum up, although gold is showing a slight upward trend, caution is still called for in the face of economic and geopolitical uncertainties.