XAUUSD data (Gold/Dollar)
Date : 2025-08-16
Opening : 3329.35
Higher up: 3332.24
Below: 3329.13
Closing : 3332.11

Economic news :
investingLive European markets wrap: Dollar eases lower ahead of US retail sales
Dollar gives back a chunk of its gains from the day before
Strong US PPI Jolts Global Markets, Gold Slides as Fed Dovish Hopes Fade

Detailed analysis:
Today's gold market (XAUUSD) is showing a slight uptrend, closing close to the day's high. The key resistance level is around 3335, while the main support is at 3325. Volatility remains moderate despite recent fluctuations, with movements influenced by developments in the US dollar and US economic data.

The dollar retreated slightly after posting significant gains, influenced by the publication of producer price index (PPI) data, which surprised the markets with its strength. This temporarily dampened hopes of a looser monetary policy from the Fed, putting downward pressure on gold. Investors are also keeping a close eye on the US retail sales figures due to be published shortly, which could trigger further moves in the market.

### Potential short-term scenarios :

1. **Bullish scenario**: If the price manages to break above resistance at 3335, a move towards 3345 could be envisaged. This scenario is invalidated below 3325. Traders should be alert to the possibility of a rapid reversal if the dollar regains strength.

2. **Range Scenario** : The market could oscillate between 3325 and 3335, reflecting a consolidation after the recent economic news. In this case, traders should remain alert to false breakout signals and avoid entering positions without clear confirmation.

3. **Bearish scenario**: A break below 3325 could pave the way for a fall towards 3315. This scenario would be invalidated if the price rises above 3335. Traders should monitor intermediate support levels for signs of a potential rebound.

### Risk management advice :

- Money Management** : Limit your exposure to a fraction of your total capital for each position, and set clear protective stops to minimise potential losses.

- Avoid overtrading**: Be patient and wait for clear signals before entering the market. Waiting for solid confirmation can help you avoid market traps and preserve your capital.

To sum up, although gold is showing a slight upward trend today, the fluctuations in the dollar and the economic data to come require constant attention and prudent risk management.