XAUUSD data (Gold/Dollar)
Date : 2025-08-18
Opening : 3337.05
Higher up: 3380
Below: 3322
Closing : 3345.53
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, 18 August 2025, gold (XAUUSD) is mainly neutral with slight downward pressure, closing at 3345.53 after trading between a high of 3380 and a low of 3322. Recent volatility has been marked by a reaction to US economic data, notably a stronger-than-expected producer price index (PPI), which has tempered hopes of a more accommodative monetary policy from the Fed. The dollar retreated slightly after its gains of the previous day, offering a slight respite to gold.
The key levels to watch are the supports at 3320 and 3300, while the resistances are at 3380 and 3400. Areas at risk include any new US economic data, particularly retail sales, which could influence expectations on key rates.
### Potential short-term scenarios :
1. **Bullish scenario:**
- Development:** A break above resistance at 3380 could send gold towards 3400.
- Invalidation:** If the price falls back below 3360, this scenario loses credibility.
- Pitfalls to avoid:** Beware of false break signals due to low liquidity during off-peak hours.
2. **Range scenario:**
- Corners:** Trading could remain confined between 3320 and 3380.
- Strategy:** Look to sell near resistance and buy near support.
- Warnings:** Watch out for economic announcements that could break this range.
3. **Bearish scenario:**
- Development:** A break below 3320 could lead to a fall towards 3300.
- Invalidation:** A return above 3350 could invalidate this trend.
- Dangers:** Do not sell at the bottom of the range without clear confirmation.
### Risk management advice :
- Avoid overtrading:** Don't let volatility push you into impulsive positions. Wait for clear confirmation before acting.
- Stop management:** Make sure your stops are well placed outside areas of high volatility to avoid being trapped by erratic movements.
Remain vigilant and adapt your strategy in line with new economic data and movements in the dollar.
