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

Economic news :
Monday open levels, indicative FX prices, 11 August 2025
investingLive European markets wrap: Dollar, stocks steady in final stretch of the week
Markets Oscillate Between Trade War Fears And Fed Cut Hopes

Detailed analysis:
Gold (XAUUSD) is showing a slight uptrend today, closing at 3389.32, slightly above the opening at 3387.21. Support levels to watch are around 3375, while key resistance is close to 3393.8. Recent volatility remains moderate, but the markets are oscillating between fears of a trade war and hopes of a rate cut by the Fed, which is influencing gold's movements.

The US dollar is holding steady, limiting sharp movements in gold, but speculation about the Fed's future decisions in the face of inflation that is still being closely monitored remains a determining factor. Geopolitical tensions linked to world trade are adding uncertainty that could intensify volatility in the short term.

**Potential short-term scenarios:**

1. **Bullish scenario:** If gold manages to break through resistance at 3393.8, it could test higher levels, potentially around 3405. This scenario would be invalidated if gold broke back below 3380, which could signal consolidation or a bearish reversal.

2. **Range scenario:** The market could oscillate between 3375 and 3393.8, a range defined by recent highs and lows. Traders should watch for false breakouts, which could trap those anticipating a premature directional move.

3. **Bearish scenario:** A break below support at 3375 could lead to a fall towards 3365. This scenario would be invalidated by a return above 3390, which would indicate a reintegration of the range or a potential bullish reversal.

**Risk management advice:**

- Wait for confirmation:** Before committing to a position, wait for key levels to be crossed with conviction to avoid false signals.

- Avoid overtrading:** In a context of uncertainty, limit the number of trades to avoid excessive exposure to volatility. Favour well-defined positions with clear stops to protect your capital.

In short, caution is the order of the day, with particular attention paid to key levels and economic news likely to influence gold's movements.