🟡 XAUUSD Daily Market Analysis—August 8, 2025
- Neom
- Aug 8
- 3 min read
Introduction
The gold market continues to attract traders and investors as it navigates through fluctuating economic conditions. Currently priced at 3,398 USD, XAUUSD presents numerous opportunities for profit through careful analysis and strategic planning. This comprehensive market analysis will delve into both daily and 4-hour time frames, utilizing key indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, Weekly and Daily Pivots, Smart Money Concepts (SMC), Support and Resistance Levels, Order Blocks, and MACD. By examining these elements, traders can make informed decisions in the dynamic gold market.
Market Analysis Overview
Current Market Price: 3,398 USD
Support & Resistance Levels
Daily Time Frame:
Support Levels:
3,268 (Recent Swing Low)
3,300
3,350
Resistance Levels:
3,438 (Recent Swing High)
3,400
3,450
4-Hour Time Frame:
Support Levels:
3,350
3,320
3,300
Resistance Levels:
3,400
3,420
3,440
Fibonacci Retracement Levels
Fibonacci retracement levels are instrumental in identifying potential reversal points based on recent swing high and low levels. With a swing high of 3,438Â and a swing low of 3,268, the key Fibonacci levels are:
23.6% Level: 3,395
38.2% Level: 3,374
50% Level: 3,353
61.8% Level: 3,332
These levels indicate areas where price action may encounter support or resistance as it retraces.
Exponential Moving Averages (EMA)
Daily EMA Levels:
EMA 50: 3,380
EMA 100: 3,365
EMA 200: 3,340
EMA 400: 3,310
4-Hour EMA Levels:
EMA 50: 3,385
EMA 100: 3,370
EMA 200: 3,355
EMA 400: 3,330
The EMAs provide insights into the prevailing trend and help traders identify entry and exit points.
RSI Divergence
The Relative Strength Index (RSI) is a momentum oscillator that indicates overbought or oversold conditions. Currently, there is a bearish divergence observed, where the price makes higher highs while the RSI shows lower highs. This divergence suggests a potential reversal in the market trend, signaling caution for bullish positions.
Order Blocks
Order blocks are critical areas where significant buying or selling has occurred, often leading to price reversals. In this analysis, potential order blocks are identified near the support levels of 3,350Â and 3,300. These zones may act as crucial areas for price action, providing traders with opportunities to enter positions.
MACD Analysis
The Moving Average Convergence Divergence (MACD) is a vital tool for traders, providing insights into momentum and trend direction. Currently, the MACD line is above the signal line, indicating bullish momentum. Traders should monitor the MACD closely as it interacts with key support and resistance levels.

Summary of Key Levels
Daily & 4-Hour Support and Resistance
Daily Support Levels: 3,268, 3,300, 3,350
Daily Resistance Levels: 3,438, 3,400, 3,450
4-Hour Support Levels: 3,350, 3,320, 3,300
4-Hour Resistance Levels: 3,400, 3,420, 3,440
Exponential Moving Average (EMA) Levels
Daily EMA Levels:
EMA 50: 3,380
EMA 100: 3,365
EMA 200: 3,340
EMA 400: 3,310
4-Hour EMA Levels:
EMA 50: 3,385
EMA 100: 3,370
EMA 200: 3,355
EMA 400: 3,330
Weekly Pivots
Weekly Pivot Point: 3,380
Resistance Levels: 3,400, 3,420
Support Levels: 3,350, 3,300
Daily Pivots
Daily Pivot Point: 3,398
Resistance Levels: 3,400, 3,420
Support Levels: 3,370, 3,350
Fibonacci Retracement Levels
23.6% Level: 3,395
38.2% Level: 3,374
50% Level: 3,353
61.8% Level: 3,332
Fundamental Analysis and Upcoming USD News
Understanding the broader economic context is crucial for traders in the XAUUSD market. Upcoming USD news events can significantly impact gold prices and market sentiment.
Important Upcoming USD News:
Non-Farm Payrolls (NFP) Report: Scheduled for release later this month, the NFP report will provide insights into employment trends in the U.S. A strong report could lead to a stronger dollar, potentially putting downward pressure on gold prices.
Federal Reserve Meetings: Anticipated discussions regarding interest rates will be pivotal. Any changes or hints at future policies could influence the strength of the dollar and, consequently, the XAUUSD's performance.
Inflation Data Releases: The upcoming Consumer Price Index (CPI) report will be crucial. Higher inflation may lead to increased interest in gold as a hedge, impacting the XAUUSD exchange rate.
These economic indicators will shape market expectations and influence the XAUUSD's price trajectory.
Conclusion
This detailed analysis of the XAUUSD market highlights critical support and resistance levels, alongside insights from various technical indicators. As traders navigate this volatile market, understanding these levels and indicators is essential for making informed trading decisions.



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