XAUUSD data (Gold/Dollar)
Date : 2025-08-13
Opening : 3342.52
Higher up: 3358.6
Below: 3335.55
Closing : 3347.17
Economic news :
Market Spotlight On A Potential Fed Rate Cut
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Detailed analysis:
On 13 August 2025, the gold market (XAUUSD) is trending slightly upwards, closing at 3347.17, slightly above its opening. Traders should keep an eye on key support at 3335, which was tested today, as well as immediate resistance at 3358. Moderate volatility was seen, largely influenced by speculation about a potential interest rate cut by the Fed, which is weakening the US dollar and generally supporting gold prices.
Recent macroeconomic developments, notably the cooling in US inflation, are increasing the pressure on the Fed to consider a rate cut, which could maintain a bullish bias in gold. In addition, the stability of the European markets and the weakness of the dollar are providing further support for gold.
### Potential scenarios :
1. **Bullish scenario:**
- Assumption:** If the Fed confirms a rate cut, the XAUUSD could break through resistance at 3358 and aim for 3375.
- Invalidation:** A fall below 3335 would invalidate this scenario.
- Pitfalls to avoid:** Do not rush ahead of an official Fed announcement, which could already be priced in.
2. **Range scenario:**
- Assumption:** Without any significant news, the XAUUSD could stabilise between 3335 and 3358.
- Corners:** 3335 (support) and 3358 (resistance).
- Traps to avoid:** Beware of false breakouts around these levels, especially during periods of low liquidity.
3. **Bearish scenario:**
- Assumption:** If further US economic data favours the dollar, gold could break support at 3335 and fall to 3320.
- Invalidation:** A return above 3358 would invalidate this scenario.
- Pitfalls to avoid:** Do not ignore the potential impact of European monetary policy, which could also influence the dollar.
### Risk management advice :
- Before initiating a position, wait for clear confirmation of price movements, particularly around key support and resistance levels.
- Avoid overtrading:** Remain disciplined and don't give in to the temptation to open too many positions at once, which could increase your exposure to risk.
Keep a close eye on economic announcements and fluctuations in the dollar, which will play a crucial role in gold's direction this session.
