XAUUSD data (Gold/Dollar)
Date : 2025-07-24
Opening : 3389.03
Higher up: 3395.47
Below: 3388.14
Closing : 3393.03

Economic news :
Easing Trade Tensions Cheer Markets
GBP/USD Nears July High as BoE and Treasury Clash Over Financial Regulation
GBP/USD Breaks Range Bottom With Eyes on Key Fibonacci Target

Detailed analysis:
Today, the gold market (XAUUSD) is trending slightly upwards, with prices hovering around 3393.03 at the close. Key levels to watch include immediate resistance at 3395.50, while support lies around 3385.00. Recent volatility remains moderate, but eased trade tensions and discussions around financial regulation in the UK are indirectly influencing the market via the US dollar.

The US dollar remains relatively stable, but any fluctuations due to macroeconomic or geopolitical events could affect gold. Policy rates and inflation remain crucial factors to watch, as they influence demand for gold as a safe haven.

**Potential short-term scenarios:**

1. **Bullish scenario:** If the price breaks above resistance at 3395.50, a new bullish impulse could take the market towards 3405.00. This scenario would be invalidated if the price fell below 3385.00. Watch out for any sharp movements in the US dollar that could jeopardise this trend.

2. **Range scenario:** The market could also stabilise in a range between 3385.00 and 3395.50, reflecting investors' expectations in the face of macroeconomic uncertainty. Traders should watch out for breakout points at these levels to avoid the pitfalls of false signals.

3. **Bearish scenario:** If the price breaks below support at 3385.00, downward pressure could push gold towards 3375.00. This scenario would be invalidated by a rise above 3395.50. Caution is advised in the event of economic news favourable to the dollar.

**Risk management advice:**

- Wait for confirmation of movements before committing yourself, especially in a context of moderate volatility.

- Avoid overtrading:** Limit the number of positions open simultaneously to better manage risk exposure, and adjust your stops to protect capital.

Adopt a measured approach and keep an eye on the external factors influencing gold to optimise your trading decisions.