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Home » XAUUSD Market News: Gold’s Reaction to Today’s U.S. Data – July 29, 2025

XAUUSD Market News: Gold’s Reaction to Today’s U.S. Data – July 29, 2025

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XAUUSD opened at $3,337 today, with a high of $3,345 and low of $3,313 as of early morning WIB, based on real time data. Gold holds its safe-haven appeal amid tariff talks, but a firmer dollar after yesterday’s $33 profit (from $3,339 to $3,313) caps gains. Today’s focus is the U.S. JOLTS job openings report at 8:00 PM WIB, with expectations around 8.1 million openings. A strong report could strengthen the dollar, driving XAUUSD to $3,310 support, while a weak one might push it to $3,350 resistance.

Web insights highlight the U.S. consumer sentiment data at 9:00 PM WIB as a follow-up influence, potentially adding volatility. Web posts suggest geopolitical tension risks could lift gold if labor data disappoints. Technically, gold’s neutral RSI and wide range indicate uncertainty, with a possible drop to $3,305 if the dollar surges, or a rise to $3,355 if safe-haven demand spikes. Today’s data will set the tone for the week. Check Economic Calendar update for get real time data at Tools pages! Leverage this with my strategy at Exness for passive gains with tight spreads. Learn more tradegoldnow.com/daily-blog for more insights!