🟡 XAUUSD Daily Market Analysis - 4 February 2026

Introduction

As we dive into the XAUUSD market analysis for February 4, 2026, the current live price of gold stands at 5065 USD. This analysis will provide a comprehensive overview of the market, utilizing various technical indicators including Fibonacci retracement levels, Exponential Moving Averages (EMA), RSI divergence, and more. Whether you are a seasoned trader or a newcomer, understanding these key aspects will enhance your trading strategy.

Market Overview

In the world of gold trading, it is essential to analyze both daily and 4-hour timeframes to gain a holistic view of market movements. This analysis will cover crucial support and resistance levels, EMA values, and other indicators that influence trading decisions.

Current Price

• Gold (XAUUSD): 5065 USD

Technical Indicators Analysis

1. Support and Resistance Levels

Daily Timeframe

• Support Levels:

  • First Support: 4402 USD (Swing Low)

  • Second Support: 4549 USD (Swing High)

• Resistance Levels:

  • First Resistance: 5150 USD

  • Second Resistance: 5200 USD

  • Third Resistance: 5250 USD

4-Hour Timeframe

• Support Levels:

  • First Support: 5000 USD

  • Second Support: 4950 USD

• Resistance Levels:

  • First Resistance: 5100 USD

  • Second Resistance: 5150 USD
    

2. Fibonacci Retracement Levels

Using the Fibonacci retracement tool, we identify key levels based on the daily swing high (4549 USD) and swing low (4402 USD). The significant Fibonacci levels are as follows:

• 23.6% Retracement: 4460 USD

• 38.2% Retracement: 4485 USD

• 61.8% Retracement: 4525 USD

These levels provide potential entry and exit points for traders.

3. Exponential Moving Averages (EMA)

Daily Timeframe

• EMA 50: 4950 USD

• EMA 100: 4900 USD

• EMA 200: 4850 USD

• EMA 400: 4800 USD

4-Hour Timeframe

• EMA 50: 5050 USD

• EMA 100: 5020 USD

• EMA 200: 5000 USD

• EMA 400: 4980 USD

The EMAs indicate the overall trend direction, with the daily EMA levels providing insight into long-term movements, while the 4-hour EMAs allow for short-term trading strategies.

4. RSI Divergence

The Relative Strength Index (RSI) analysis reveals potential divergences that traders should watch for. Currently, the RSI is positioned at 60, indicating a bullish trend. However, if the price continues to rise while the RSI begins to decline, this could signal a potential reversal.

5. Order Blocks

Identifying order blocks is crucial for understanding where institutional buying and selling interest lies. Key order blocks observed in the daily timeframe are:

• Bullish Order Block: 4500 USD - 4550 USD

• Bearish Order Block: 5150 USD - 5200 USD

These blocks provide insight into potential areas of support and resistance.

6. MACD Analysis

The Moving Average Convergence Divergence (MACD) indicator currently shows a bullish crossover, suggesting upward momentum. The MACD line is above the signal line, indicating that the bulls are in control. Traders should monitor this indicator closely for any signs of reversal.

Summary of Key Levels

Daily Support and Resistance

• Support: 4402 USD, 4549 USD

• Resistance: 5150 USD, 5200 USD, 5250 USD

Exponential Moving Averages (EMA)

• Daily EMA Levels:

  • EMA 50: 4950 USD

  • EMA 100: 4900 USD

  • EMA 200: 4850 USD

  • EMA 400: 4800 USD

• 4-Hour EMA Levels:

  • EMA 50: 5050 USD

  • EMA 100: 5020 USD

  • EMA 200: 5000 USD

  • EMA 400: 4980 USD

Weekly Pivots

• Weekly Pivot: 5100 USD

• Resistance 1: 5150 USD

• Support 1: 5050 USD

Daily Pivots

• Daily Pivot: 5080 USD

• Resistance 1: 5110 USD

• Support 1: 5060 USD

Conclusion

In conclusion, the XAUUSD market presents various trading opportunities based on the current analysis. By understanding and utilizing key indicators such as support and resistance levels, EMAs, Fibonacci retracement, and MACD, traders can make informed decisions. As the market evolves, continuous monitoring of these indicators will be essential for successful trading strategies.