XAUUSD data (Gold/Dollar)
Date : 2025-08-11
Opening : 3397.26
Higher up: 3403.29
Below: 3343.24
Closing : 3348.63

Economic news :
Global Markets React to PBoC Equities, Lithium Surges, and Geopolitical Shifts
Monday open levels, indicative FX prices, 11 August 2025
GBP/USD Weekly Forecast: Odds for Near-Term Rate Cut Lowered

Detailed analysis:
Today, the gold market (XAUUSD) is trending lower, closing at 3348.63, down from its opening price of 3397.26. This price action comes against a backdrop of heightened volatility, accentuated by recent decisions by the People's Bank of China (PBoC) and complex geopolitical dynamics. Key levels to watch include major support around 3320, while immediate resistance lies at 3400. These levels could be tested if volatility persists.

The relatively stable US dollar continues to influence gold, with moderate inflation and speculation over key interest rates still a determining factor. The recent fall in the likelihood of a rate cut by the Bank of England (BoE) adds a layer of complexity to currency movements, indirectly affecting gold.

### Potential short-term scenarios :

1. **Bullish scenario:** If gold manages to rebound above 3400, we could see a move towards 3450. This scenario will be invalidated if the price breaks below support at 3320. Watch the market's reaction to US economic data to confirm this potential rebound.

2. **Range Scenario:** Gold could move between 3320 and 3400, with traders looking to exploit moves within this channel. The 3340 and 3380 levels can be used as reference points for entering or exiting positions. Beware of false breaks in this zone.

3. **Bearish scenario:** A break below 3320 could pave the way for a fall towards 3280. This scenario would be invalidated if the price rises back above 3400. Be wary of economic announcements, which could accelerate the fall.

### Risk management advice :

- Money Management:** Avoid overextending your positions due to current volatility. Use tight stops to protect your capital.

- Before taking a position, wait for clear confirmation on support or resistance levels to avoid false signals, especially in an uncertain macroeconomic context.

In conclusion, although gold is on a downtrend today, traders should remain alert to economic and geopolitical signals that could quickly change the market's dynamic.