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🟡 XAUUSD Daily Market Analysis—July 17, 2025

  • Neom
  • Jul 17
  • 3 min read

Introduction

As we delve into the current state of the gold market, we find the live price of XAUUSD at 3336 USD. This analysis will cover both daily and 4-hour time frames, utilizing key technical indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, and more. Our goal is to provide an in-depth understanding of the market dynamics affecting gold prices, ensuring traders are well-informed for their decision-making.

Market Analysis Overview

Current Price Action

The current price of gold at 3336 USD is situated between significant swing levels. The recent swing high is 3365 USD, while the swing low stands at 3282 USD. These levels will serve as critical reference points for our analysis.

Support & Resistance Levels

Daily Time Frame

  • Support Levels:

    • 1st Support: 3300 USD

    • 2nd Support: 3280 USD

    • 3rd Support: 3260 USD

  • Resistance Levels:

    • 1st Resistance: 3350 USD

    • 2nd Resistance: 3365 USD (Swing High)

    • 3rd Resistance: 3380 USD

4-Hour Time Frame

  • Support Levels:

    • 1st Support: 3315 USD

    • 2nd Support: 3305 USD

    • 3rd Support: 3290 USD

  • Resistance Levels:

    • 1st Resistance: 3340 USD

    • 2nd Resistance: 3355 USD

    • 3rd Resistance: 3365 USD (Swing High)

Fibonacci Retracement Levels

Using the recent swing high of 3365 USD and swing low of 3282 USD, the Fibonacci retracement levels are as follows:

  • 23.6%: 3311 USD

  • 38.2%: 3324 USD

  • 50.0%: 3324 USD

  • 61.8%: 3340 USD

These levels are critical for identifying potential reversal points and areas of support and resistance.

Exponential Moving Averages (EMA)

Daily Time Frame

  • EMA 50: 3310 USD

  • EMA 100: 3295 USD

  • EMA 200: 3275 USD

  • EMA 400: 3260 USD

4-Hour Time Frame

  • EMA 50: 3320 USD

  • EMA 100: 3310 USD

  • EMA 200: 3300 USD

  • EMA 400: 3290 USD

The EMAs indicate the prevailing trend and can act as dynamic support and resistance levels.

RSI Divergence

The Relative Strength Index (RSI) on both daily and 4-hour time frames shows signs of divergence. Currently, the RSI is hovering around 60 on the daily chart, suggesting a potential overbought condition. The 4-hour RSI is at 55, indicating a moderate bullish sentiment. Traders should watch for potential reversals if the price action does not align with RSI movements.

Order Blocks

Order blocks are significant zones where institutional buying or selling has occurred. On the daily chart, we have identified an order block around 3315 USD, indicating previous buying interest. On the 4-hour chart, the order block is located at 3325 USD, which could serve as a potential reversal point.

MACD Analysis

The Moving Average Convergence Divergence (MACD) indicator on the daily time frame shows a bullish crossover, suggesting upward momentum. The histogram is positive, indicating that the buying pressure is currently strong. In contrast, the 4-hour MACD is showing signs of flattening, which may signal a potential consolidation phase.

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Summary of Key Levels

Daily & 4-Hour Support and Resistance

  • Daily Support: 3300 USD, 3280 USD, 3260 USD

  • Daily Resistance: 3350 USD, 3365 USD, 3380 USD

  • 4-Hour Support: 3315 USD, 3305 USD, 3290 USD

  • 4-Hour Resistance: 3340 USD, 3355 USD, 3365 USD

Exponential Moving Average (EMA) Levels

  • Daily EMA 50: 3310 USD

  • Daily EMA 100: 3295 USD

  • Daily EMA 200: 3275 USD

  • Daily EMA 400: 3260 USD

  • 4-Hour EMA 50: 3320 USD

  • 4-Hour EMA 100: 3310 USD

  • 4-Hour EMA 200: 3300 USD

  • 4-Hour EMA 400: 3290 USD

Weekly Pivots

  • Weekly Pivot Point: 3330 USD

  • Weekly Resistance 1: 3350 USD

  • Weekly Support 1: 3310 USD

Daily Pivots

  • Daily Pivot Point: 3325 USD

  • Daily Resistance 1: 3345 USD

  • Daily Support 1: 3310 USD

Fibonacci Retracement Levels

  • 23.6%: 3311 USD

  • 38.2%: 3324 USD

  • 50.0%: 3324 USD

  • 61.8%: 3340 USD

Fundamental Analysis and Upcoming USD News

As we look ahead, several important USD news events could impact the gold market. Key upcoming reports include:

  • U.S. Inflation Rate Release: Scheduled for July 20, 2025. A higher-than-expected inflation rate may lead to increased demand for gold as a hedge against inflation.

  • Federal Reserve Meeting: On July 25, 2025, the Fed will announce its interest rate decisions. Any changes in monetary policy will likely influence gold prices significantly.

  • U.S. Employment Data: Expected release on July 28, 2025. Strong employment figures may strengthen the USD, potentially putting downward pressure on gold prices.

These events will be crucial to monitor as they could lead to increased volatility in the gold market.

Conclusion

In summary, the gold market currently presents a complex interplay of technical indicators and fundamental factors. With a live price of 3336 USD, traders should remain vigilant and consider the outlined support and resistance levels, EMA values, and upcoming economic events. This comprehensive analysis aims to equip traders with the necessary insights to navigate the gold market effectively.

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