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, the gold market (XAUUSD) is in a slight downtrend, closing at 3359.72, slightly down on the opening. Key support levels are around 3345, while immediate resistance is at 3366. Volatility has been moderate, but traders must remain vigilant in the face of persistent geopolitical tensions and the expectation of speeches from Fed leaders, particularly Jerome Powell.

The recent trend in the US dollar, influenced by the Fed's stable monetary policy, continues to weigh on gold. The ECB's decision to delay rate cuts is also keeping pressure on the market. Global trade tensions and geopolitical uncertainties add a further layer of complexity, making the gold market sensitive to further fluctuations in the dollar.

### Potential scenarios :

1. **Bullish scenario:**
- Levels to watch:** A break above 3366 could open the way to 3380.
- Invalidation:** If the price falls back below 3345, the bullish scenario would be compromised.
- Don't get carried away by false bullish signals without clear confirmation of volume and momentum.

2. **Range scenario:**
- Corners:** Between 3345 and 3366.
- Strategy:** Take advantage of bounces in this channel by monitoring the pivot points.
- Traps to avoid:** Avoid trading premature breaks without confirmation.

3. **Cashier scenario:**
- Levels to watch:** A fall below 3345 could lead to a drop towards 3330.
- Invalidation:** A return above 3366 would cancel out this bearish outlook.
- Pitfalls to avoid:** Beware of sudden reversals in the event of unexpected macroeconomic news.

### Risk management advice :

- Money Management:** Ensure that each position complies with strict risk management rules, with clearly defined stops to limit potential losses.
- Wait for clear confirmation before entering a position, and avoid the overtrading that can result from knee-jerk reactions to market movements. Bear in mind that caution is often the best ally in an uncertain environment.