XAUUSD data (Gold/Dollar)
Date : 2025-08-22
Opening : 3332.13
Higher up: 3335.28
Below: 3318.28
Closing : 3320.96

Economic news :
Dollar sets the stage for further gains towards the end of the week
Global Markets on Edge as Powell's Jackson Hole Speech Looms Amid Geopolitical Flares and Nvidia's China Chip Halt
Market Spotlight On Fed Chair's Speech At Jackson Hole

Detailed analysis:
Today, gold (XAUUSD) is trending lower, opening at 3332.13 and closing at 3320.96. Key levels to watch include immediate support around 3315, while resistance lies at 3335. Recent volatility remains moderate, but traders should remain vigilant ahead of Jerome Powell's speech at Jackson Hole, which could trigger sharp movements.

The US dollar is showing signs of strengthening as we approach the end of the week, which is weighing on gold. The markets are awaiting Powell's comments, which could influence monetary policy expectations. At the same time, geopolitical tensions are intensifying with the shutdown of Nvidia chips in China, adding a further risk factor.

**Potential scenarios:**

1. **Bullish scenario:**
- Level to watch:** If gold manages to break through resistance at 3335, a move towards 3345 could be triggered.
- Invalidation:** A fall below 3315 would invalidate this bullish scenario.
- Pitfalls to avoid:** Don't be trapped by a false breakout with no significant volume.

2. **Range scenario:**
- Horns:** Evolution between 3315 and 3335.
- Traps to avoid:** Avoid taking positions in the middle of the range without clear confirmation of a breakout.

3. **Cashier scenario:**
- Level to watch:** A break below 3315 could push gold towards 3300.
- Invalidation:** A return above 3335 would invalidate this outlook.
- Pitfalls to avoid:** Beware of technical rebounds that may occur near support zones.

**Risk Management Advice:**

1. **Exposure Management:** Reduce your position size in the run-up to Powell's speech to limit the impact of unexpected moves.

2. **Wait for Confirmation:** Before taking a position, wait for clear breakout or rebound signals to avoid market traps.

Take a cautious approach today, bearing in mind the potential increased volatility associated with major economic events.