XAUUSD data (Gold/Dollar)
Date : 2025-08-09
Opening : 3387.21
Higher up: 3393.8
Below: 3375
Closing : 3389.32

Economic news :
investingLive European markets wrap: Dollar, stocks steady in final stretch of the week
Markets Oscillate Between Trade War Fears And Fed Cut Hopes
Sterling and aussie look to shake off the seasonal blues this year

Detailed analysis:
Today, the gold market (XAUUSD) is showing a slight uptrend, closing at 3389.32 after hitting a high of 3393.8 and a low of 3375. Volatility remains moderate, reflecting a degree of stability despite recent fluctuations. The key support and resistance levels to watch are around 3375 and 3400 respectively. Gold is currently being influenced by a stable US dollar, uncertainties linked to global trade tensions, and speculation about a possible rate cut by the Fed.

### Short-term scenarios :

1. **Bullish scenario:**
- Conditions:** If the price breaks through resistance at 3400 with significant volume, the trend could accelerate towards 3420.
- Invalidation:** A return below 3375 would invalidate this bullish scenario.
- Levels to watch:** 3400 (resistance), 3420 (target).
- Pitfalls to avoid:** Don't get carried away by false bullish signals without volume confirmation.

2. **Range scenario:**
- Conditions:** The market could oscillate between 3375 and 3400, in the absence of a strong catalyst.
- Corners:** Support at 3375 and resistance at 3400.
- Levels to watch:** 3375 (support), 3400 (resistance).
- Traps to avoid:** Avoid overtrading in this range and wait for a clear breakout.

3. **Bearish scenario:**
- Conditions:** A break below 3375 with bearish momentum could push gold towards 3350.
- Invalidation:** A return above 3,400 would invalidate this scenario.
- Levels to watch:** 3375 (support), 3350 (target).
- Pitfalls to avoid:** Do not short sell too early without trend confirmation.

### Risk management advice :

1. **Money Management:** Set tight stops to protect capital, especially during periods of moderate volatility when reversals are frequent.

2. **Confirmation of signals:** Wait for confirmation of key level breaks before taking positions to avoid false starts.

Take a cautious approach to the session, keeping an eye on economic and geopolitical developments that could affect the market.