XAUUSD data (Gold/Dollar)
Date : 2025-08-20
Opening : 3314.84
Higher up: 3339.8
Below: 3301.77
Closing : 3339.78

Economic news :
Ironvale Bitcore: This Ironvale Bitcore Trading Platform Sets New Standard in AI-Driven Trading with Unmatched Security and User Approval
US Dollar Could Slide Further as Rate-Cut Bets Rise Ahead of Jackson Hole
World Markets Brace For FOMC Minutes

Detailed analysis:
Today, gold (XAUUSD) is showing a resolutely bullish trend, closing near the top of its daily range. This momentum is underpinned by a potentially weaker US dollar, as markets anticipate a possible rate cut following the Jackson Hole talks. The key support level is around USD 3,300, while immediate resistance is at USD 3,340. Recent volatility has been moderate, but could intensify in the run-up to the release of the FOMC minutes.

**Potential short-term scenarios:**

1. **Bullish scenario:** If the price breaks through resistance at USD 3340, this could open the way to USD 3360. This scenario would be invalidated by a close below USD 3300. Traders should keep an eye on US economic announcements to confirm this trend.

2. **Range scenario:** Gold could move between USD 3300 and USD 3340 as traders seek to take advantage of intraday fluctuations. A clear break outside these limits would indicate a change in momentum.

3. **Bearish scenario:** In the event of a sudden strengthening of the dollar or surprising announcements from the FOMC minutes, gold could retreat towards USD 3280. This scenario would be invalidated by a daily close above USD 3340.

**Risk management advice:**

- Money Management:** Limit your exposure to a small portion of your total capital per position to effectively manage the risk of increased volatility.

- Wait for clear confirmation of key levels before taking positions to avoid the pitfalls of false signals, especially around major economic announcements.

To sum up, caution is the order of the day, but bullish opportunities are present, provided we keep a close eye on the market's reactions to economic and geopolitical events.