💰 Market Data XAUUSD - Gold/Dollar

📅 28 August 2025 at 18:05
Opening
$3388.81

Higher
$3415.37

Lower
$3378

Fence
$3413.51

📈 Change: 0.73% (rise)
📰 Economic News Impacting Gold
- investingLive European markets wrap: Dollar down slightly amid month-end caution
- GBP/USD Forecast: Fed Cut Odds Rise, BOE Rate Cut Odds Fade
- GBP/USD: Sterling Gains on Hawkish Interest Rate Expectations

XAUUSD Technical Analysis of the Day

Analysing the data for 28 August 2025 for gold trading (XAUUSD), we see a bullish trend. The opening price was USD 3388.81 and closed at USD 3413.51, representing an increase of 0.73%. This increase indicates significant buying pressure. Gold reached a high of USD 3415.37, reinforcing the idea of a positive trend. The MT4 indicators can confirm this uptrend with favourable forex signals. Traders should monitor these movements to identify buying opportunities.

Key levels and pivot points

Support and resistance levels for the XAUUSD are crucial for gold trading. Key support is around USD 3378, while XAUUSD resistance is close to USD 3415.37. The pivot point, calculated at (3415.37 + 3378 + 3413.51) / 3, is USD 3402.96. Heritage Sentinelle can help identify these levels automatically, giving traders a strategic advantage.

Recommended Trading Strategies

1. Scalping strategy If the price stays above USD 3378, traders can consider quick long positions, taking advantage of small fluctuations.

2. Day trading strategy Entry around the pivot point of USD3402.96 with an exit close to resistance at USD3415.37, maximising intraday movements.

3. Swing trading strategy Long positions: Consider taking long positions if the price stays above USD3402.96, with a profit target of USD3450. An MT4 expert advisor can automate these strategies for greater efficiency.

Signals and Opportunities

The closing price of USD 3413.51, close to the high, suggests a bullish signal for gold trading. Forex alerts should be monitored for additional gold trading signals. Traders should be alert to moves above resistance for buying opportunities.

Risk and Money Management

For a long position, a stop-loss below USD 3378 is recommended, while a stop-loss for a short position should be placed above USD 3415.37. The risk/reward ratio is essential to protect capital. Risk management indicators can help optimise these levels.

Short and medium-term outlook

With a close above the (High + Low)/2 average, the short-term outlook for the XAUUSD is bullish. Gold forecasts indicate a continuation of the uptrend if support levels are maintained. Traders should monitor the XAUUSD trend to adjust their positions accordingly.

🚀 Optimize Your Trading with Heritage Sentinelle

Discover our expert MT4/MT5 indicator used by over 500 professional traders

  • ✅ Real-time signals with precision 87%
  • ✅ Automatic alerts on mobile and email
  • ✅ Support and resistance calculated by IA
  • ✅ Compatible with MT4 and MT5

7-Day Free Trial


In need of help

We're here to advise you, so don't hesitate to call us at your convenience or to arrange a Visio.
Trading assistance tools for professionals