XAUUSD data (Gold/Dollar)
Date : 2025-07-18
Opening : 3303.71
Higher up: 3340.7
Below: 3303.71
Closing : 3336.9

Economic news :
Wipro Announces Results for the Quarter Ended June 30, 2025
Strong Economic Data From U.S. Lifts Sentiment
GBP/USD: Will It Continue the 5th Wave?

Detailed analysis:
On the markets today, gold (XAUUSD) is in an uptrend, opening at 3303.71 and closing higher at 3336.9. Recent volatility has been moderate, with a high reached at 3340.7. Key levels to watch include solid support around 3300 and immediate resistance at 3340. Beyond this resistance, the next critical threshold is around 3360, which could attract new buyers if breached.

Gold is being supported by robust economic data from the US, which has recently strengthened the US dollar. However, gold remains a hedge against uncertainty, and global geopolitical tensions, albeit discreet, are helping to maintain interest in this precious metal.

**Bullish scenario:** If the price manages to exceed and hold above 3340, gold could target 3360. This scenario would be invalidated by a return below 3300, which would signal a loss of bullish momentum.

**Range scenario:** In a consolidation context, gold could oscillate between 3300 and 3340. Traders should watch these limits for breakout or rebound signals.

**Bearish scenario:** If the price breaks below support at 3300, selling pressure could intensify, pushing gold towards 3280. This scenario would be invalidated if the price rises above 3340, indicating renewed buying interest.

To navigate this market, two pieces of advice are essential: firstly, practise strict money management, setting stop-losses and respecting your profit-taking levels to minimise potential losses. Secondly, avoid overtrading; wait for clear confirmation before taking a position, especially in an environment where technical levels can be quickly tested and invalidated.