XAUUSD data (Gold/Dollar)
Date : 2025-08-18
Opening : 3337.05
Higher up: 3340
Below: 3322
Closing : 3339.59

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:
On 18 August 2025, the gold market (XAUUSD) is showing a slight uptrend, closing close to its highs at 3339.59. Critical levels to watch include immediate resistance at 3340, while key support lies around 3322. Recent volatility was accentuated by the release of the US Producer Price Index (PPI), which surprised on the upside, causing gold to temporarily retreat as hopes of a dovish Fed monetary policy fade. However, the dollar weakened slightly, offering gold some respite.

### Bullish scenario
With the dollar continuing to weaken, a rebound above 3340 could open the way to 3355. This scenario would be invalidated if the price fell back below 3322, which could signal a return of selling pressure. Traders should keep an eye on reactions around 3340 to confirm the strength of the uptrend.

### Range scenario
The market could move sideways between 3322 and 3340 if the economic data remain mixed and the dollar fails to find a clear direction. The boundaries of this range should be watched closely for any breakouts. Avoid taking large positions without clear confirmation of an exit from this range.

### Bearish scenario
A bearish scenario could emerge if the price breaks support at 3322, with the potential for a descent towards 3310. This scenario would lose its validity if gold manages to break above 3340 and hold there. Beware of false break signals, particularly during periods of low volume.

### Risk management advice
1. **Beware of overtrading:** With the current volatility, it is crucial not to multiply positions. Concentrate on clear signals and wait for confirmation before acting.
2. **Stop management:** Place your stops strategically to avoid being pulled out of the market on temporary volatility movements, while protecting your positions against sudden reversals.

Remain vigilant to movements in the dollar and any new economic data that could influence the Fed's expectations, which could in turn have a significant impact on the gold market.