XAUUSD data (Gold/Dollar)
Date : 2025-08-18
Opening : 3337.05
Higher up: 3380
Below: 3322
Closing : 3335.64

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:
On 18 August 2025, the XAUUSD gold market is trending slightly downwards. Although it opened at 3337.05, the price closed at 3335.64, after peaking at 3380 and bottoming at 3322. Recent volatility remains moderate, but gold is showing signs of weakness following the release of a stronger-than-expected US PPI, which has shaken hopes of a more accommodative monetary policy from the Fed.

Key levels to watch include immediate support at 3320, while resistance lies around 3380, which corresponds to the intraday high. The recent easing in the dollar's gains, partly due to expectations of US retail sales, is providing a temporary respite for gold, but overall pressure remains to the downside.

### Potential short-term scenarios :

1. **Bullish scenario:**
- Development:** A rebound above 3380 could trigger a move towards 3400, reinforced by further dollar weakness.
- Invalidation:** A fall below 3320 would invalidate this scenario.
- Pitfalls:** Beware of false break signals if the dollar suddenly strengthens.

2. **Range scenario:**
- Development:** The price could oscillate between 3320 and 3380 in the absence of major catalysts.
- Corners:** 3320 (support) and 3380 (resistance).
- Pitfalls:** Beware of prolonged sideways movements, which could encourage overtrading.

3. **Bearish scenario:**
- Development:** A break below 3320 could lead to a fall towards 3300, especially if US economic data continues to surprise on the upside.
- Invalidation:** A return above 3380 would invalidate this scenario.
- Pitfalls:** Avoid selling hastily if there is a technical rebound.

### Risk management advice :

1. **Money Management:** Set rigorous stop-loss orders to protect your capital, especially in an uncertain market environment.

2. **Be cautious about overtrading:** Limit the number of positions opened simultaneously to avoid overloading your portfolio and reduce exposure if signals are contradictory. Wait for clear confirmation before taking on new positions.