XAUUSD data (Gold/Dollar)
Date : 2025-08-11
Opening : 3397.26
Higher up: 3403.29
Below: 3340.4
Closing : 3341.12

Economic news :
Rate Cut Hopes Drag The Dollar Down
Markets Brace For Inflation Data From The U.S.
Markets Brace For Inflation Data From The U.S.

Detailed analysis:
Today, gold (XAUUSD) is showing a downward trend, closing at 3341.12 after hitting an intraday low of 3340.4. This downward pressure is partly due to the weakening of the US dollar, fuelled by expectations of a possible interest rate cut. Investors are also awaiting the forthcoming US inflation data, adding to the current market uncertainty.

### Key Levels
- Support**: 3330, a crucial level to watch if the downtrend persists.
- Resistance**: 3400, which could halt any significant rebound attempt.

### Volatility and Risk Zones
Recent volatility has been moderate, but could intensify with the publication of inflation data. Areas at risk include a break below support at 3330, which could lead to accelerated selling.

### Potential scenarios

1. **Bullish scenario**: If gold rebounds above 3350, confirming the dollar's weakness, we could see a return to 3400. This scenario is invalidated if the price falls below 3330.

2. **Range Scenario** : Gold could oscillate between 3330 and 3400, pending clear economic data. Monitor reactions to these limits to identify false breakouts.

3. **Bearish scenario**: A confirmed break below 3330 could open the way to 3300. Invalidation if the price breaks back above 3350 with significant volume.

### Risk Management Advice
- Caution with Money Management** : Limit your positions to a defined fraction of your capital to avoid disproportionate losses.
- Avoid overtrading**: Wait for clear confirmation before taking a position, especially in a potentially volatile market with forthcoming economic announcements.

To sum up, although the current trend is bearish, caution is called for as inflation data approaches. Adjust your strategy accordingly and keep a close eye on key levels.