XAUUSD data (Gold/Dollar)
Date : 2025-08-14
Opening : 3350.8
Higher up: 3361
Below: 3330
Closing : 3334
Economic news :
FX option expiries for 14 August 10am New York cut
investingLive Asia-Pacific FX news wrap: Yen rises on Bessent meddling, hits Nikkei
GBP/USD climbs as BoE seen firm, Fed seen cutting rates
Detailed analysis:
The gold market (XAUUSD) is currently trending downwards on 14 August 2025. After opening at 3350.8, the price closed at 3334, with a low reached at 3330. The key support and resistance levels to watch are 3330 and 3361 respectively. Recent volatility has been moderate, but risk remains present given fluctuations in the US dollar and changes in global monetary policy.
The US dollar is showing signs of weakness, influenced by expectations of a rate cut by the Fed, in contrast to a Bank of England perceived as firmer. These factors, combined with geopolitical tensions in Asia and the appreciation of the yen, are influencing the fortunes of gold, often seen as a safe haven.
**Potential short-term scenarios:**
1. **Bullish scenario:** If the price manages to break above resistance at 3361, a move towards 3380 could be envisaged. This scenario would be invalidated by a return below 3330. Keep an eye on US economic announcements, which could influence the dollar.
2. **Range scenario:** The market could oscillate between 3330 and 3361, reflecting the current indecision. Traders should be wary of false breakouts, waiting for clear confirmation before taking positions.
3. **Bearish scenario:** A clear break of support at 3330 could lead to a fall towards 3300 or even 3285. This scenario would be invalidated by a recovery above 3361. Traders should keep an eye on movements on the Asian markets and any news concerning monetary policy.
**Risk management advice:**
- Money Management:** Use tight stops to protect your positions, especially in a context of moderate but unpredictable volatility.
- Caution and patience:** Avoid overtrading. Wait for clear confirmation before entering the market, and don't succumb to the pressure to react impulsively to price movements.
To sum up, caution is still the order of the day, with particular attention being paid to the key levels and macroeconomic signals influencing the dollar and, consequently, gold.
