XAUUSD data (Gold/Dollar)
Date : 2025-08-22
Opening : 3332.13
Higher up: 3363.43
Below: 3318.28
Closing : 3361.39

Economic news :
Global FX Market Summary: Fed holds rates, ECB rate cuts delayed Global Trade and Geopolitical Tensions 22 August 2025
GBP/USD Price Slides to 2-Week Low Ahead of Powell's Speech
GBP/USD: Friday Correction After Surge

Detailed analysis:
Today, the gold market (XAUUSD) is showing a moderate uptrend, closing close to the day's highs. The key support level is around 3318, while immediate resistance is at 3363. Recent volatility has been relatively high, influenced by macroeconomic and geopolitical uncertainties. Traders should keep a close eye on speeches by central bankers, particularly Powell, which could affect the perception of the US dollar and, consequently, gold.

Recent developments in the US dollar remain a key factor, particularly with the Fed keeping rates unchanged. This could limit the downward pressure on gold in the short term. However, the absence of rate cuts by the ECB and geopolitical tensions are exacerbating uncertainty in the market, making trading strategy more complex.

### Potential scenarios :

1. **Bullish scenario:**
- Assumption:** If gold breaks resistance at 3363 and holds above it, the next target could be 3400.
- Invalidation:** Back below 3332, which would indicate a weakness in bullish momentum.
- Levels to watch:** 3363 (resistance), 3400 (target).
- Traps to avoid:** Do not enter until a clear break above 3363 has been confirmed.

2. **Range scenario:**
- Assumption:** Gold hovers between 3318 and 3363, with no major catalyst to break this range.
- Corners:** Support at 3318, resistance at 3363.
- Levels to watch:** Range ends for rebound trading opportunities.
- Traps to avoid:** Watch for false break signals, wait for confirmation on significant volumes.

3. **Cashier scenario:**
- Hypothesis:** A break below 3318 could pave the way for a fall towards 3280.
- Invalidation:** A rebound above 3363 would signal renewed bullish strength.
- Levels to watch:** 3318 (support), 3280 (target).
- Pitfalls to avoid:** Do not rush sales before a clear break in support.

### Risk management advice :

- Wait for confirmation:** Before entering a position, wait for clear confirmation of support and resistance levels to avoid false signals.
- Limit overtrading:** Keep an eye on your market exposure. Avoid taking on too many positions at once, especially in an environment of increased volatility and macroeconomic uncertainty.

To sum up, gold is navigating in a complex environment where every move needs to be analysed carefully. Attention to detail and strict risk management will be your best allies in this session.