XAUUSD data (Gold/Dollar)
Date : 2025-08-18
Opening : 3337.05
Higher up: 3338.81
Below: 3328.06
Closing : 3329.85

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:
The gold market (XAUUSD) is showing a downward trend today, closing at 3329.85 after opening at 3337.05. The recent downward pressure is being influenced by a stronger-than-expected US producer price index (PPI), which has dampened hopes of accommodative monetary policy from the Fed. The US dollar, although having lost some of its recent gains, remains relatively strong, exerting further pressure on gold.

### Key supports and resistances
- Main support**: 3320, a break could intensify selling pressure.
- Immediate resistance**: 3340, a level which, if breached on the upside, could indicate a temporary reversal.

### Volatility and risk zones
Volatility is moderate, but traders should keep an eye on fluctuations in the US dollar, particularly in relation to upcoming US retail sales data. Risk areas include the levels around 3320, where a breakout could trigger massive selling.

### Potential scenarios

1. **Bullish scenario**: If gold manages to break through resistance at 3340, a recovery towards 3355 could take shape. This scenario is invalidated if the price falls below 3320.

2. **Range scenario**: The price could oscillate between 3320 and 3340, with sideways movements in the absence of major catalysts. Traders should be on the lookout for a break of these limits to anticipate a more definite trend.

3. **Bearish scenario**: A sharp break of support at 3320 could push gold towards 3305. This scenario would be invalidated if the price breaks back above 3340.

### Risk management advice

1. **Money Management**: Set tight stops to protect capital in this uncertain environment, especially if you are trading around critical support and resistance levels.

2. **Caution on confirmations**: Before taking positions, wait for clear confirmation of support or resistance breakouts, to avoid the pitfalls of false breakouts.

In short, caution is the watchword today, given the economic uncertainty and geopolitical influences weighing on the gold market.