XAUUSD data (Gold/Dollar)
Date : 2025-08-20
Opening : 3314.84
Higher up: 3338.19
Below: 3301.77
Closing : 3331

Economic news :
Ironvale Bitcore: This Ironvale Bitcore Trading Platform Sets New Standard in AI-Driven Trading with Unmatched Security and User Approval
US Dollar Could Slide Further as Rate-Cut Bets Rise Ahead of Jackson Hole
World Markets Brace For FOMC Minutes

Detailed analysis:
Today's session on the gold market (XAUUSD) was characterised by a bullish trend, with the price closing at 3,331, up on its opening level of 3,314.84. The key support and resistance points are around 3,301.77 (support) and 3,338.19 (resistance) respectively. Recent volatility has been moderate, but traders should remain vigilant in the face of impending macroeconomic events.

Recent economic developments, notably rising expectations of rate cuts in the US and the possible depreciation of the US dollar, offer positive support for gold. In addition, the imminent Jackson Hole meeting and the forthcoming FOMC minutes could introduce further volatility, which could influence gold's movements.

### Potential short-term scenarios :

1. **Bullish scenario:** If gold breaks through resistance at 3,338.19 with sustained volume, this could pave the way for further upside towards 3,350. This scenario would be invalidated if the price were to break back below 3,314.84 on a sustained basis, which would signal a weakening in buying pressure.

2. **Range scenario:** If gold oscillates between 3,314 and 3,338, traders can exploit these limits for range trading. Caution is needed to avoid false signals, especially during major economic announcements.

3. **Bearish scenario:** A break below support at 3,301.77 could trigger a move towards 3,290. This scenario would be invalidated if the price manages to hold above 3,314.84, indicating that buyers are still in control in the short term.

### Risk management advice :

- Money Management:** Use well-placed stop-losses to protect your capital, especially against a backdrop of increased volatility due to upcoming macroeconomic events.

- Confirmation warning:** Avoid taking hasty positions before the FOMC minutes are published. Waiting for clear confirmation of price movements can prevent impulsive and costly decisions.

Adopt a flexible strategy that is ready to adapt to rapid changes in the market, while keeping an eye on economic events likely to influence gold prices.