XAUUSD data (Gold/Dollar)
Date : 2025-08-23
Opening : 3363.43
Higher up: 3366.18
Below: 3345.51
Closing : 3359.38

Economic news :
Global FX Market Summary: Fed holds rates, ECB rate cuts delayed Global Trade and Geopolitical Tensions 22 August 2025
GBP/USD Price Slides to 2-Week Low Ahead of Powell's Speech
GBP/USD: Friday Correction After Surge

Detailed analysis:
Today, gold (XAUUSD) is showing a slight downtrend, holding below the open at 3363.43 to close at 3359.38. Key support levels lie around 3345, while immediate resistance is close to 3366. Recent volatility remains moderate, influenced by the Fed maintaining rates and the ECB postponing rate cuts. Geopolitical and trade tensions are adding a layer of uncertainty, requiring heightened vigilance.

**The US dollar remains relatively stable, influenced by the Fed's decision to maintain its key interest rates. This status quo, combined with moderate inflation in the United States, is supporting the dollar slightly, which is weighing on gold. Traders should also keep an eye on Powell's forthcoming speech, which could provide further guidance on monetary policy.

**Potential scenarios:**

1. **Bullish scenario:** If gold manages to break above resistance at 3366, the next target is around 3380. This scenario would be invalidated by a return below 3350, which would signal persistent weakness.

2. **Range Scenario:** Gold could oscillate between 3345 and 3365, reflecting a consolidation. Traders should be on the lookout for potential breakouts from these ranges to detect a change in trend.

3. **Bearish scenario:** A break below support at 3345 could lead to a fall towards 3330. This scenario would be invalidated by a rebound above 3366, suggesting a return of upward pressure.

**Risk Management Advice:**

- Money Management:** Limit exposure per position to a defined percentage of your capital to avoid heavy losses in the event of adverse movements.

- Confirmation Expectation:** Before entering a position, wait for clear confirmation of support or resistance breaks to avoid false signals.

To sum up, gold could remain under pressure today, influenced by monetary decisions and geopolitical tensions, with particular attention being paid to central bankers' speeches. Be ready to adapt your strategy according to price movements around key levels.