XAUUSD data (Gold/Dollar)
Date : 2025-08-13
Opening : 3342.52
Higher up: 3355
Below: 3335.55
Closing : 3352.31
Economic news :
investingLive European markets wrap: Dollar sags, stocks hold firm while Ethereum rallies
GBP/USD Price Analysis: Sep Cut on the Table as US Inflation Cools
Dollar nudges lower as post-CPI fallout continues for now
Detailed analysis:
That day, the gold market (XAUUSD) showed a slightly upward trend, closing at 3352.31, marking an advance on the opening. Key levels to watch include support at 3335.55 and immediate resistance at 3355. Recent volatility appears moderate, but traders should remain alert to potential fluctuations.
The weakening of the US dollar on the back of falling inflation and speculation that the Fed may cut interest rates could support gold in the short term. In addition, the stability of European markets and the performance of crypto-currencies such as Ethereum could indirectly influence flows into gold. On the geopolitical front, no major tensions have been reported, providing a relatively stable backdrop for the precious metal.
### Potential short-term scenarios :
1. **Bullish scenario**: If the price breaks through resistance at 3355 with sustained volume, the next target could be around 3370. This scenario would be invalidated if the price falls back below 3340, which could signal a return to the main support.
2. **Range scenario** : The price could move between 3335 and 3355, with oscillations due to the absence of major catalysts. Traders should be on the lookout for a potential breakout from this range.
3. **Bearish scenario**: A break below support at 3335, accompanied by increased selling pressure, could lead to a fall towards 3320. This scenario would be invalidated if the price rebounds and breaks through resistance at 3355 again.
### Risk management advice :
- Avoid overtrading**: With moderate volatility, it is crucial not to multiply positions without solid reasons. Favour entries on confirmed key levels.
- Wait for confirmation**: Before taking a position, wait for clear confirmation by closing above or below critical levels to avoid false signals.
To sum up, although gold is showing a slight upward trend, traders need to operate with caution, taking account of macroeconomic influences and adjusting their strategy to market volatility.
