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, 16 August 2025, the gold market (XAUUSD) is showing a slightly upward trend, closing at 3331.25, after reaching an intraday high of 3336.01. Volatility remains moderate, but the recent release of a stronger-than-expected US Producer Price Index (PPI) has rattled global markets, reducing hopes of accommodative monetary policy from the Fed. This initially weighed on gold, but today's fall in the US dollar enabled the precious metal to regain some ground.

### Key supports and resistances
- Immediate support**: 3325
- Major support**: 3300
- Immediate resistance**: 3340
- Major resistance**: 3360

### Risk zones and volatility
Diminishing hopes of an accommodative Fed policy could increase volatility, especially if forthcoming US data such as retail sales surprise. Particular attention should be paid to any new geopolitical developments that could impact the dollar and, by extension, gold.

### Potential short-term scenarios

1. **Bullish scenario**.
- Trend**: If support at 3325 holds and gold manages to break through immediate resistance at 3340, a climb towards 3360 is conceivable.
- Invalidation**: A break below 3325 will invalidate this scenario.
- Level to watch**: 3340 for bullish confirmation.
- Trap to avoid**: Avoid entering before a close above 3340.

2. **Range scenario
- Trend** : Gold could move sideways between support at 3325 and resistance at 3340.
- Horns** : 3325 - 3340
- Level to watch out for**: Frequent twists and turns within these bounds.
- Pitfall to avoid**: Don't get caught out by false intraday breaks.

3. **Bearish scenario
- Trend**: A break below 3325 could trigger a move towards major support at 3300.
- Invalidation**: A return above 3340 will invalidate this scenario.
- Level to watch**: 3325 for bearish confirmation.
- Pitfall to avoid**: Avoid short selling too close to major support at 3300 without confirmation.

### Risk management advice

- Money management**: Use tight stops to minimise potential losses in the event of unexpected sudden movements.
- Avoid overtrading**: Wait for clear confirmation of key levels before taking positions to avoid impulsive trades in an uncertain market.

In conclusion, remain vigilant and adapt your strategy according to changes in economic data and movements in the dollar.