XAUUSD data (Gold/Dollar)
Date : 2025-08-16
Opening : 3329.35
Higher up: 3336.01
Below: 3328.96
Closing : 3332.57

Economic news :
investingLive European markets wrap: Dollar eases lower ahead of US retail sales
Dollar gives back a chunk of its gains from the day before
Strong US PPI Jolts Global Markets, Gold Slides as Fed Dovish Hopes Fade

Detailed analysis:
It promises to be a dynamic day on the gold market (XAUUSD). After opening at 3329.35, gold edged up to close at 3332.57, against a backdrop of the US dollar losing ground on profit-taking after recent gains. Volatility remains moderate, but attention is focused on US economic data, particularly retail sales, which could influence the trend. The pressure remains palpable as hopes of an accommodative approach from the Fed recede following higher-than-expected US PPI figures.

### Trend for the day : Neutral to slightly bullish

- Key holder** : 3320
- Immediate resistance**: 3340
- Recent volatility**: Moderate
- Risk areas**: US retail sales announced

#### Potential scenarios :

1. **Bullish scenario** :
- Assumption**: Rebound above 3340
- Level to watch**: 3360
- Invalidation**: Return under 3320
- Trap to avoid**: False break above 3340 without significant volume

2. **Range scenario** :
- Horns** : 3320 - 3340
- Level to watch**: Stabilisation around 3330
- Pitfall to avoid**: Entering a position without confirmation that the limits are holding after the announcement of economic indicators.

3. **Bearish scenario** :
- Assumption**: Rejection under 3320
- Level to watch**: 3300
- Invalidation**: Rise above 3340
- Pitfall to avoid**: Panic selling without waiting for a clear close below 3320

### Risk management advice :

1. **Wait for confirmation**: Before taking a position, wait for the market to react to US retail sales to confirm the direction.

2. **Avoid overtrading**: Don't multiply your positions, especially at a time when volatility can be amplified by economic announcements. Prioritise trade quality over quantity.

To sum up, caution is the order of the day on this day of important economic data releases. Keep a close eye on the dollar and global markets to adjust your strategies accordingly.