XAUUSD data (Gold/Dollar)
Date : 2025-08-01
Opening : 3299.42
Higher up: 3360
Below: 3289.05
Closing : 3344.8

Economic news :
investingLive European markets wrap: Stocks stumble, dollar steady ahead of US jobs report
Tariff Jitters Rattle Markets
GBP/USD: Downtrend Intensifies Amid Bearish Pattern Confirmation

Detailed analysis:
On 1 August 2025, the current trend in gold (XAUUSD) appears to be bullish. After opening at 3299.42, gold climbed to close at 3344.8, with a high of 3360. This advance is supported by a degree of stability in the US dollar, which is holding firm pending the publication of the US employment report. The markets are also being shaken by concerns about tariffs, which is tending to reinforce demand for gold as a safe-haven asset.

### Key Supports and Resistances
- Major support**: 3290 (close to the day's low)
- Major resistance**: 3360 (reached at the day's high)

### Volatility and Risk Zones
Volatility remains moderate but could intensify with the release of US economic data. Watch out for sharp movements around the publication of the employment report, which could create false signals.

### Potential scenarios

1. **Bullish scenario**.
- Assumption**: If the price crosses and remains above resistance at 3360.
- Target**: 3400.
- Invalidation**: Return under 3340.
- Traps to avoid**: Beware of false breaks above 3360, especially if they are not accompanied by sufficient volume.

2. **Range Scenario
- Assumption**: Between 3290 and 3360.
- Objective**: Play the bounces between these levels.
- Corners**: 3290 (support) and 3360 (resistance).
- Pitfalls to avoid**: Don't anticipate a break without clear confirmation.

3. **Cashier scenario
- Hypothesis**: If the price breaks support at 3290.
- Target**: 3250.
- Invalidation**: Back above 3310.
- Pitfalls to avoid**: Beware of technical bounces before 3290, which may indicate a false break.

### Risk Management Advice
- Caution with the news**: Wait for confirmation of movements after the release of economic data to avoid market traps.
- Position Size Management**: Adapt the size of your positions to current volatility to avoid excessive losses, especially in times of economic uncertainty.

To sum up, caution is the watchword when it comes to potential movements in economic and geopolitical news. Make sure you manage your risks with discipline and don't overreact to short-term fluctuations without confirmation.