XAUUSD data (Gold/Dollar)
Date : 2025-08-18
Opening : 3337.05
Higher up: 3380
Below: 3322
Closing : 3330.57

Economic news :
Dollar Extends Losses As Markets Cling On To Fed Cut Hopes
Mixed Sentiment In World Markets
Futures Dip Ahead Of Trump-Zelensky Meeting As Jackson Hole Looms

Detailed analysis:
Today, the gold market (XAUUSD) is showing a slightly downward trend, closing at 3330.57 after hitting a high of 3380 and a low of 3322. Continued weakness in the US dollar, fuelled by hopes of a Fed rate cut, was not enough to support gold prices today. Recent volatility has been moderate, reflecting hesitation among investors in the face of economic and geopolitical uncertainties, particularly ahead of the meeting between Trump and Zelensky and the approach of the Jackson Hole conference.

**Key Supports and Resistances:**
- Main support: 3320
- Major resistance: 3380

**Risk Areas:**
- Potential fluctuations around the Trump-Zelensky meeting.
- Reactions to Fed monetary policy expectations.

**Potential scenarios:**

1. **Bullish scenario:**
- A rebound above 3380 could point to a recovery towards 3400.
- Invalidation: A fall below 3320 would call this scenario into question.
- Levels to watch: 3380, 3400.
- Pitfall to avoid: Entering too early without clear confirmation of a turnaround.

2. **Range scenario:**
- The market could stagnate between 3320 and 3380.
- Bollards: 3320 (support), 3380 (resistance).
- Levels to watch: Oscillations between these limits without any significant break.
- Pitfall to avoid: Overtrading in a market with no clear direction.

3. **Cashier scenario:**
- A break below 3320 could lead to a fall towards 3300.
- Invalidation: A return above 3350 would invalidate this scenario.
- Levels to watch: 3320, 3300.
- Pitfall to avoid: Selling too close to support without confirmation of a break.

**Risk Management Advice:**
- Caution and Confirmation:** Wait for clear confirmation before taking a position. Volatility caused by geopolitical events can lead to erratic movements.
- Money Management:** Avoid overtrading and make sure you set appropriate stop-losses to limit potential losses.

In short, pay close attention to movements in the dollar and signals from US monetary policy. Adopt a flexible approach to adjust your positions in line with market developments.