🟡 XAUUSD Daily Market Analysis—28 January 2026

Introduction

The Gold market, represented by XAUUSD, has shown significant movements, currently trading at 5240 USD. This analysis delves into the daily and 4-hour time frames, utilizing various technical indicators to provide a comprehensive overview. By examining Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, and other key metrics, traders can better navigate the complexities of the gold market.

Market Overview

Current Price: 5240 USD

As we analyze the XAUUSD pair, our focus will be on identifying crucial support and resistance levels, understanding market trends through EMAs, and utilizing advanced concepts such as Smart Money Concepts (SMC) and Order Blocks.

Key Indicators Analysis

1. Support & Resistance Levels

Daily Time Frame

• Support Level 1: 4536

• Support Level 2: 4549

• Resistance Level 1: 5250

• Resistance Level 2: 5265

4-Hour Time Frame

• Support Level 1: 4538

• Support Level 2: 4552

• Resistance Level 1: 5255

• Resistance Level 2: 5270

These levels are critical for identifying potential entry and exit points for traders.

2. Fibonacci Retracement Levels

Using the recent swing high of 4549 and swing low of 4536, we can identify the Fibonacci retracement levels:

• 23.6% Level: 4542

• 38.2% Level: 4545

• 61.8% Level: 4550

These levels often act as significant reversal points, providing traders with potential opportunities to enter trades aligned with the market trend.

3. Exponential Moving Averages (EMA)

Daily Time Frame

• EMA 50: 5200

• EMA 100: 5160

• EMA 200: 5120

• EMA 400: 5080

4-Hour Time Frame

• EMA 50: 5220

• EMA 100: 5200

• EMA 200: 5180

• EMA 400: 5160

The EMAs serve as dynamic support and resistance levels, helping traders identify the overall trend direction.

4. RSI Divergence

The Relative Strength Index (RSI) analysis indicates potential divergence on both time frames. A bearish divergence is noted, suggesting that while prices may continue to rise, the momentum is weakening. This could signal a potential reversal or correction in the near term.

5. Order Blocks

Order blocks are areas where significant buying or selling has occurred, indicating where institutional traders have placed their orders. The identified order blocks in the daily and 4-hour charts align with our support and resistance levels, reinforcing their importance in our analysis.

6. MACD Analysis

The Moving Average Convergence Divergence (MACD) indicator is currently showing a bullish crossover on the 4-hour chart, suggesting potential upward momentum. However, on the daily chart, the MACD is flattening, indicating a possible consolidation phase.

Summary of Key Levels

Daily Time Frame

• Support Levels: 4536, 4549

• Resistance Levels: 5250, 5265

• EMA Levels:

  • EMA 50: 5200

  • EMA 100: 5160

  • EMA 200: 5120

  • EMA 400: 5080

4-Hour Time Frame

• Support Levels: 4538, 4552

• Resistance Levels: 5255, 5270

• EMA Levels:

  • EMA 50: 5220

  • EMA 100: 5200

  • EMA 200: 5180

  • EMA 400: 5160

Weekly Pivots

• Pivot Point: 5250

• Resistance 1: 5265

• Support 1: 5240

Daily Pivots

• Pivot Point: 5245

• Resistance 1: 5260

• Support 1: 5230

Conclusion

In conclusion, the XAUUSD market presents a complex landscape influenced by various technical indicators. Traders should remain vigilant around the identified support and resistance levels, EMAs, and other indicators discussed in this analysis. By leveraging these insights, traders can make informed decisions in their trading strategies.