XAUUSD data (Gold/Dollar)
Date : 2025-08-21
Opening : 3339.88
Higher up: 3342.56
Below: 3318.25
Closing : 3327.32

Economic news :
Another slow day for major currencies in European trading today
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Detailed analysis:
Today's trading in gold (XAUUSD) looks fairly neutral, with a slight bearish bias. The opening price at 3339.88 and the close at 3327.32 indicate moderate selling pressure. Volatility remains contained, with a high of 3342.56 and a low of 3318.25. Key levels to watch include major support at 3315, while main resistance lies around 3345.

The US dollar remains stable, influenced by market caution over the Fed's monetary policy and recent macroeconomic developments. Key interest rates are being closely scrutinised, but no significant announcement seems imminent. Inflation remains a subject of moderate concern, with no new marked upward or downward pressure. On the geopolitical front, markets are paying close attention to underlying tensions, although these do not appear to be having a major impact on the gold price at present.

**Potential short-term scenarios:**

1. **Bullish scenario:** If the price exceeds resistance at 3345, an extension towards 3360 is conceivable. This scenario would be invalidated if the price falls back below 3315. Traders should watch for increasing volume and confirmation from technical indicators to avoid false signals.

2. **Range scenario:** The market could oscillate between 3315 and 3345, in the absence of major catalysts. Traders should be wary of false range breaks and wait for solid confirmation before entering positions.

3. **Bearish scenario:** A break below support at 3315 could lead to a fall towards 3300. This scenario would be invalidated if the price returns above 3345. Traders should remain vigilant for potential reversal signals.

**Risk management advice:**

- Prudent management of leverage:** In a context of low volatility and uncertainty, it is crucial to reduce the use of leverage to avoid disproportionate losses.

- Confirmation of signals:** Before initiating a position, wait for clear confirmation of technical and fundamental signals. This may include a close above or below key levels or increased volume.

In conclusion, the current session calls for a measured approach, bearing in mind critical levels and waiting for confirmation before taking trading decisions.