XAUUSD data (Gold/Dollar)
Date : 2025-08-16
Opening : 3329.35
Higher up: 3336.01
Below: 3327.21
Closing : 3331.25

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:
Today, gold (XAUUSD) is showing a slight uptrend, closing at 3331.25 after opening at 3329.35. The market recorded a high of 3336.01 and a low of 3327.21, indicating moderate volatility. Key levels to watch include immediate support at 3325 and resistance at 3340. The recent fall in the US dollar after a strong surge, coupled with robust US PPI data, has heightened uncertainty about future Fed monetary policy decisions, weighing on gold.

**Potential scenarios:**

1. **Bullish scenario:** If gold manages to break through and close above 3340, this could indicate a continuation of the uptrend towards 3355. However, a close below 3320 would invalidate this scenario.

2. **Range scenario:** Gold could move sideways between 3325 and 3340. Traders should watch for false moves near these boundaries and wait for a clear break to confirm a directional move.

3. **Bearish scenario:** A break below support at 3325 could lead to a fall towards 3310. However, a return above 3335 would invalidate this downtrend.

**Risk management advice:**

- Be careful with volatility:** Avoid overtrading and wait for clear confirmation before taking positions, especially in a context of moderate volatility and macroeconomic uncertainty.

- Rigorous money management:** Make sure you place tight stop-losses to protect your capital, especially if the market shows signs of turning rapidly.

In short, keep an eye on key technical levels and adapt your strategies according to movements in the dollar and macroeconomic signals.