XAUUSD data (Gold/Dollar)
Date : 2025-08-23
Opening : 3363.43
Higher up: 3366.18
Below: 3345.51
Closing : 3360.45

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 trending slightly lower, closing lower than at the open. Key levels to watch include major support at 3340 and resistance at 3370. Recent volatility has been moderate, reflecting limited movements in a relatively narrow range, suggesting continued uncertainty among traders.

Recent macroeconomic developments indicate that the Federal Reserve has maintained its interest rates, while the European Central Bank has delayed its rate cuts. These decisions are temporarily stabilising the US dollar, which could put pressure on gold. In addition, global geopolitical and trade tensions continue to reinforce demand for gold as a safe-haven asset, although no critical events have been reported recently.

**Bullish scenario**: If the price manages to break above resistance at 3370 with significant volume, a rally could be envisaged towards 3390. This scenario would be invalidated if the price were to fall back below 3345, signalling persistent weakness.

**Range scenario** : The market could oscillate between 3340 and 3370, reflecting the current indecision. Traders should watch for false breaks at these levels, particularly around the announcement of Powell's speech, which could provoke unexpected moves.

**Bearish scenario**: A break below support at 3340 could trigger increased selling pressure, pushing the price towards 3320. This scenario would be invalidated if the price breaks back above 3365, indicating renewed strength.

To navigate through this session, it is crucial to focus on rigorous risk management. Make sure you use well-placed stops to protect your positions. Avoid overtrading: wait for clear confirmation before taking positions, especially in a context of moderate volatility and macroeconomic uncertainty.