XAUUSD data (Gold/Dollar)
Date : 2025-07-29
Opening : 3322.01
Higher up: 3335
Below: 3318.39
Closing : 3322.79

Economic news :
EUR/USD: Long Euro Trade Is Stress-Tested
EUR/USD tests five-week lows as fallout from US-EU trade deal continues
Safe-haven Dollar Drops Amidst Trade Deal With Japan

Detailed analysis:
Fluctuations in the gold market today reveal a predominantly neutral trend, with some slight upward pressure observed due to the close above the opening level. Key support and resistance levels currently lie around 3318 and 3335 respectively. Recent volatility has been moderate, with a limited range between the day's lows and highs. Risk areas to watch include sudden moves in the US dollar, which recently fell on the back of a trade deal with Japan, and pressure on the euro from trade tensions between the US and the EU.

### Potential short-term scenarios :

1. **Bullish scenario:**
- Trigger:** If the price crosses and closes above resistance at 3335.
- Target:** Potential target around 3345-3350.
- Invalidation:** Return under 3320.
- Pitfalls to avoid:** Do not enter a false break without confirmation by increased volume.

2. **Range scenario:**
- Corners:** Between 3318 (support) and 3335 (resistance).
- Strategy:** Look for trading opportunities near the ends of the range.
- Traps to avoid:** Avoid trading in the middle of the range without clear confirmation.

3. **Bearish scenario:**
- Trigger:** If the price breaks and closes below 3318.
- Target:** Potential target around 3310.
- Invalidation:** Back above 3325.
- Pitfalls to avoid:** Do not rush to sell in the event of a technical rebound.

### Risk management advice :

- Money Management:** Use stops adapted to current volatility to minimise potential losses. Consider a minimum risk/return ratio of 1:2.

- Wait for confirmation of a clear move before committing to a position, especially in a market showing signs of consolidation. This may mean monitoring volumes or waiting for an hourly close.

Adopt a disciplined approach and adjust your strategies in line with current macroeconomic and geopolitical developments.