XAUUSD data (Gold/Dollar)
Date : 2025-07-18
Opening : 3303.71
Higher up: 3344.22998
Below: 3303.71
Closing : 3337.84

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 gold market today, the trend is bullish, closing at 3337.84, close to the day's high of 3344.23. This positive momentum is partly underpinned by robust economic data from the US, which has boosted investor sentiment, although the strength of the US dollar may limit gains. Key levels to watch include support at 3300, which has held up well so far, and resistance at 3350, an important psychological level.

Recent volatility has been moderate, with relatively contained movements. However, geopolitical tensions, although discreet, could resurface at any time, constituting a risk area to be monitored.

Bullish scenario: If gold manages to break through resistance at 3350, a rally towards 3375 could take shape. However, a close below 3300 would invalidate this bullish scenario, indicating possible further weakness.

Range scenario: The market could fluctuate between 3300 and 3350, reflecting a consolidation after the recent rise. Traders should be on the lookout for any breakouts from this range to anticipate a clearer direction.

Bearish scenario: A break below 3,300 could lead to a correction towards 3,280. This scenario would be invalidated by a rise above 3350, signalling a return to buying pressure.

For risk management, it is essential to maintain tight stops to protect capital in these uncertain conditions. Avoid overtrading by waiting for key levels to break before entering positions, and do not rush into positions without clear confirmation of price movements.