XAUUSD data (Gold/Dollar)
Date : 2025-08-11
Opening : 3397.26
Higher up: 3403.29
Below: 3362.1
Closing : 3364.73

Economic news :
Global Markets React to PBoC Equities, Lithium Surges, and Geopolitical Shifts
Monday open levels, indicative FX prices, 11 August 2025
GBP/USD Weekly Forecast: Odds for Near-Term Rate Cut Lowered

Detailed analysis:
Today, the gold market (XAUUSD) is trending lower, closing at 3364.73 after opening at 3397.26. Recent volatility, marked by a high of 3403.29 and a low of 3362.1, indicates persistent selling pressure. Key support levels lie around 3350, while immediate resistance is near 3400.

The recent decision by the People's Bank of China (PBoC) and geopolitical tensions are having a negative impact on the gold market. The appreciation of the US dollar, coupled with moderate inflation and expectations of stable US interest rates, is putting further pressure on gold.

**Bullish scenario:** If the price manages to break through resistance at 3400 with conviction, a return to 3450 could be envisaged. This scenario would be invalidated by a return below 3350.

**Range scenario:** Consolidation between 3350 and 3400 is possible, with traders watching for entry and exit points at these bounds. Pitfalls to avoid include false break signals, particularly in low-volume conditions.

**Bearish scenario:** A break below support at 3350 would pave the way for a fall towards 3300. This scenario would be invalidated if the price rises above 3400, suggesting a potential reversal.

**Risk management advice:**
1. **Wait for confirmation:** Before taking a position, wait for clear confirmation of support or resistance levels to avoid false signals.
2. **Avoid overtrading:** In a context of uncertain volatility, limit the number of trades and concentrate on set-ups with a good risk/reward ratio.

Take a cautious approach today, keeping a close eye on macroeconomic and geopolitical events that could influence gold's movements.