XAUUSD data (Gold/Dollar)
Date : 2025-08-23
Opening : 3363.43
Higher up: 3366.18
Below: 3345.51
Closing : 3359.72

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, gold (XAUUSD) is trending slightly lower, closing lower than it opened. The price oscillated between a high of 3366.18 and a low of 3345.51, closing at 3359.72. Persistent geopolitical tensions and recent monetary decisions are influencing the market. The Fed held rates steady, but expectations of further ECB intervention, which have been postponed, are creating uncertainty. Powell's impending speech could also have an impact on the GBP/USD pair and, by extension, the gold market, given the inverse correlation with the dollar.

**Key supports and resistances:**
- Immediate support: 3345
- Major resistance: 3366

**Recent volatility:** Volatility remains moderate but could increase with the economic news to come, particularly Powell's speech.

**Risk areas to watch:** Any news about geopolitical tensions or unexpected Fed announcements could cause significant fluctuations.

**Bullish scenario:**
- Potential development:** If gold manages to break above resistance at 3366 on significant volume, a climb towards 3380 could follow.
- Invalidation:** Back under 3345.
- Levels to watch:** 3366 for confirmation of the uptrend.
- Pitfalls to avoid:** Do not rush into long positions without confirmation of a breakout.

**Range scenario:**
- Potential development:** Gold could consolidate between 3345 and 3366.
- Corners:** 3345 (support) and 3366 (resistance).
- Levels to watch:** Price reaction at the extremes of the range.
- Traps to avoid:** Avoid trading in the middle of the range without clear signals.

**Bearish scenario:**
- Potential development:** A break below 3345 could lead to a fall towards 3330.
- Invalidation:** Rebound above 3366.
- Levels to watch:** 3345 for confirmation of a break.
- Traps to avoid:** Sell too early without confirmation that support has broken.

**Risk management advice:**
1. **Money Management:** Commit only a small percentage of your capital to each position to limit exposure to unforeseen risks.
2. **Confirmation:** Wait for clear confirmation before entering the market, especially in an uncertain environment such as this.