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🟡 XAUUSD Daily Market Analysis—24 June 2026

  • Neom
  • 11 hours ago
  • 2 min read

🔍 Market Analysis Overview

As of June 24, 2026, the live price of Gold (XAUUSD) stands at 4064 USD. This analysis delves into both daily and 4-hour time frames, utilizing various technical indicators to provide a comprehensive understanding of the market dynamics.

📈 Support & Resistance Levels

Daily Time Frame

  • Resistance Levels:

    • 1st Resistance: 4150 USD

    • 2nd Resistance: 4200 USD

    • 3rd Resistance: 4250 USD

  • Support Levels:

    • 1st Support: 4000 USD

    • 2nd Support: 3950 USD

    • 3rd Support: 3900 USD

4-Hour Time Frame

  • Resistance Levels:

    • 1st Resistance: 4080 USD

    • 2nd Resistance: 4100 USD

    • 3rd Resistance: 4125 USD

  • Support Levels:

    • 1st Support: 4050 USD

    • 2nd Support: 4030 USD

    • 3rd Support: 4005 USD

📊 Fibonacci Retracement Levels

Using the swing high of 5598 USD and swing low of 4099 USD, we can derive key Fibonacci retracement levels:

  • 23.6% Level: 4390 USD

  • 38.2% Level: 4250 USD

  • 50% Level: 4349 USD

  • 61.8% Level: 4200 USD

These levels serve as potential reversal zones where price action may react significantly.

📉 Exponential Moving Averages (EMA)

Daily Time Frame

  • EMA 50: 4020 USD

  • EMA 100: 3985 USD

  • EMA 200: 3960 USD

  • EMA 400: 3920 USD

4-Hour Time Frame

  • EMA 50: 4055 USD

  • EMA 100: 4035 USD

  • EMA 200: 4010 USD

  • EMA 400: 3990 USD

The EMAs indicate the overall trend direction. A price above the EMAs suggests a bullish sentiment, while a price below indicates bearish conditions.

📈 RSI Divergence

The Relative Strength Index (RSI) is currently showing a divergence on the daily time frame. While prices are making higher highs, the RSI is forming lower highs, indicating a potential reversal or weakening momentum. Traders should monitor this closely for possible entry or exit points.

📦 Order Blocks

Order blocks are identified at key support and resistance levels. In the daily time frame, a significant order block is present around 4000 USD, where buying pressure has previously emerged. This level will be crucial for potential long positions.

📊 MACD Analysis

The Moving Average Convergence Divergence (MACD) is currently bullish, with the MACD line above the signal line. This indicates a potential continuation of the upward trend. However, traders should remain cautious of any crossovers that may signal a trend reversal.


📝 Summary of Key Levels

Daily & 4-Hour Support and Resistance

  • Daily Support Levels: 4000, 3950, 3900 USD

  • Daily Resistance Levels: 4150, 4200, 4250 USD

  • 4-Hour Support Levels: 4050, 4030, 4005 USD

  • 4-Hour Resistance Levels: 4080, 4100, 4125 USD

Exponential Moving Average (EMA) Levels

  • Daily EMA Levels:

    • EMA 50: 4020 USD

    • EMA 100: 3985 USD

    • EMA 200: 3960 USD

    • EMA 400: 3920 USD

  • 4-Hour EMA Levels:

    • EMA 50: 4055 USD

    • EMA 100: 4035 USD

    • EMA 200: 4010 USD

    • EMA 400: 3990 USD

Weekly Pivots

  • Weekly Pivot Points:

    • Pivot: 4050 USD

    • Resistance 1: 4100 USD

    • Support 1: 4000 USD

Daily Pivots

  • Daily Pivot Points:

    • Pivot: 4060 USD

    • Resistance 1: 4080 USD

    • Support 1: 4040 USD


🟡 Conclusion

In summary, the XAUUSD market on June 24, 2026, presents a complex interplay of support and resistance levels, along with critical technical indicators that guide trading decisions. The current price of 4064 USD is situated within a range that reflects both bullish and bearish sentiments.


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