🟡 XAUUSD Daily Market Analysis—July 21, 2025

Market Overview

The gold market, represented by XAUUSD, is currently trading at 3354 USD. In this analysis, we will explore the daily and 4-hour time frames, utilizing various technical indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, and more. This comprehensive review aims to provide traders with insights into potential market movements and key levels to watch.

Technical Analysis

Support & Resistance Levels

Daily Time Frame:

• Support Levels:
  

  • First Support: 3309 (Swing Low)

  • Second Support: 3325 (Recent consolidation)

  • Third Support: 3340 (Psychological level)
    

• Resistance Levels:
  

  • First Resistance: 3365 (Swing High)

  • Second Resistance: 3375 (Previous high)

  • Third Resistance: 3385 (Key resistance zone)
    

4-Hour Time Frame:

• Support Levels:
  

  • First Support: 3320 (Recent low)

  • Second Support: 3330 (Minor support)

  • Third Support: 3345 (Near current price)
    

• Resistance Levels:
  

  • First Resistance: 3355 (Immediate resistance)

  • Second Resistance: 3360 (Previous high)

  • Third Resistance: 3368 (Key resistance area)
    

Fibonacci Retracement Levels

Fibonacci retracement levels provide insight into potential reversal points. The key Fibonacci levels based on the daily swing high (3365) and swing low (3309) are as follows:

• 23.6% Level: 3347

• 38.2% Level: 3332

• 50% Level: 3337

• 61.8% Level: 3322
  

These levels can act as potential support and resistance areas in the current market conditions.

Exponential Moving Averages (EMA)

Daily Time Frame:

• EMA 50: 3340

• EMA 100: 3325

• EMA 200: 3310

• EMA 400: 3300
  

4-Hour Time Frame:

• EMA 50: 3350

• EMA 100: 3340

• EMA 200: 3330

• EMA 400: 3315
  

The EMAs indicate the trend direction and potential areas of support and resistance. Currently, the price is above the EMA 50 on both time frames, suggesting a bullish trend.

RSI Divergence

The Relative Strength Index (RSI) is currently showing a divergence on the daily time frame. While the price reached a new high at 3365, the RSI did not confirm this move, indicating potential exhaustion in the bullish momentum. Traders should be cautious of a possible pullback as the market may seek to correct this divergence.

Order Blocks

Order blocks represent areas where significant buying or selling has occurred. On the daily chart, a notable order block is identified around the 3340-3350 range. This area could act as a strong support level if the price retraces, while the 3360-3370 zone serves as a potential resistance area.

MACD Analysis

The Moving Average Convergence Divergence (MACD) is currently bullish, with the MACD line above the signal line. This indicates that the bullish momentum remains intact. However, traders should monitor for any signs of a crossover, which could signal a potential shift in momentum.

Summary of Key Levels

Daily & 4-Hour Support and Resistance

• Daily Support Levels: 3309, 3325, 3340

• Daily Resistance Levels: 3365, 3375, 3385

• 4-Hour Support Levels: 3320, 3330, 3345

• 4-Hour Resistance Levels: 3355, 3360, 3368
  

Exponential Moving Average (EMA) Levels

• Daily EMA Levels:
  

  • EMA 50: 3340

  • EMA 100: 3325

  • EMA 200: 3310

  • EMA 400: 3300
    

• 4-Hour EMA Levels:
  

  • EMA 50: 3350

  • EMA 100: 3340

  • EMA 200: 3330

  • EMA 400: 3315
    

Weekly and Daily Pivots

• Weekly Pivots:
  

  • Pivot Point: 3340

  • Resistance 1: 3360

  • Support 1: 3320
    

• Daily Pivots:
  

  • Pivot Point: 3350

  • Resistance 1: 3365

  • Support 1: 3340
    

Fibonacci Retracement Levels

• Key Levels: 3347 (23.6%), 3332 (38.2%), 3337 (50%), 3322 (61.8%)
  

Fundamental Analysis and Upcoming USD News

As we look ahead, several important economic events could impact the gold market. Notably, upcoming US Federal Reserve meetings and employment reports are crucial. The results of these events can greatly influence the strength of the USD, which inversely affects gold prices. Traders should keep an eye on these events, as any unexpected news could lead to volatility in the XAUUSD market.

Key Upcoming Events:

• Federal Reserve Interest Rate Decision: Scheduled for next week, this meeting will provide insights into future monetary policy and could significantly affect market sentiment.

• Non-Farm Payroll (NFP) Report: Set to be released in the coming weeks, this report will shed light on employment trends and overall economic health, impacting the USD and, consequently, gold prices.
  

Conclusion

In summary, the current analysis of XAUUSD indicates a complex interplay of technical indicators and fundamental factors. Traders should remain vigilant of the key support and resistance levels, EMAs, and potential divergences as they navigate this dynamic market. With the upcoming USD news on the horizon, the gold market may experience increased volatility, making it essential to stay informed and prepared.