XAUUSD data (Gold/Dollar)
Date : 2025-07-29
Opening : 3322.01
Higher up: 3329.91
Below: 3318.39
Closing : 3322.67

Economic news :
Safe-haven Dollar Drops Amidst Trade Deal With Japan
Markets Start Crucial Week On A Mixed Note
Global Markets React to Trade Deals, Geopolitical Shifts, and Central Bank Moves

Detailed analysis:
Today, the gold market (XAUUSD) is showing a neutral trend, with slight volatility in the daily movements. The price of gold hovered around 3322 $ after peaking at 3329.91 $ and bottoming at 3318.39 $. The US dollar lost some ground as a safe haven due to a new trade agreement with Japan, which gave gold some support. However, the markets are still awaiting further macroeconomic and geopolitical news.

### Key levels :
- Main support**: 3318 $, which was tested today.
- Major resistance**: 3330 $, corresponding to the peak of the day.

### Volatility and risk zones :
Volatility remains moderate, but the area between 3318 $ and 3330 $ could see sharp moves in the event of unexpected economic news. Traders should also keep an eye on the impact of monetary policy decisions, particularly any changes in interest rates by central banks, which could influence gold.

### Potential short-term scenarios :

1. **Bullish scenario** :
- Condition**: Break above 3330 $ with sustained volume.
- Levels to watch**: A move towards 3345 $ in the short term.
- Invalidation**: Back below 3318 $.
- Pitfall to avoid**: Don't rush to a break without volume confirmation.

2. **Range scenario** :
- Condition**: Maintained between 3318 $ and 3330 $.
- Corners**: 3318 $ (support) and 3330 $ (resistance).
- Pitfall to avoid**: Avoid large positions while waiting for a clear break.

3. **Bearish scenario** :
- Condition**: Support failure at 3318 $.
- Levels to watch**: A drop towards 3300 $.
- Invalidation**: Back above 3330 $.
- Pitfall to avoid**: Don't panic sell, wait for clear confirmation of the downtrend.

### Risk management advice :

- Rigorous money management**: Limit your exposure to 1-2 % of your capital per trade to avoid large losses in the event of unexpected movements.

- Wait for confirmation**: Do not take any new positions until you have clear confirmation of the trend, either through technical signals or reliable economic news.

In conclusion, adopt a cautious approach with strict risk management, paying close attention to market signals and economic news likely to influence gold.