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Neom Financial Academy

🟡 XAUUSD Daily Market Analysis—July 8, 2025

  • Neom
  • Jul 8
  • 3 min read

Introduction


In the ever-evolving world of financial markets, gold (XAUUSD) remains a pivotal asset for traders and investors alike. As of today, the live market price for gold stands at 3329 USD. This analysis will delve into the daily and 4-hour time frames, employing a variety of technical indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, and more. By examining these factors, we aim to provide a comprehensive overview of the current market dynamics influencing gold prices.

Market Overview

Current Price:

3329 USD 💰

Recent Swing Levels:

  • Swing High: 3451 📈

  • Swing Low: 3247 📉

Technical Analysis

1. Support and Resistance Levels

Daily Time Frame:

  • Support Levels:

    • Level 1: 3280 🔽

    • Level 2: 3260 🔽

    • Level 3: 3240 🔽

  • Resistance Levels:

    • Level 1: 3350 🔼

    • Level 2: 3400 🔼

    • Level 3: 3450 🔼

4-Hour Time Frame:

  • Support Levels:

    • Level 1: 3310 🔽

    • Level 2: 3300 🔽

    • Level 3: 3285 🔽

  • Resistance Levels:


    • Level 1: 3340 🔼

    • Level 2: 3365 🔼

    • Level 3: 3385 🔼

2. Fibonacci Retracement Levels

Utilizing Fibonacci Retracement, we identify key levels based on recent swing highs and lows:

  • Retracement Levels:

    • 23.6%: 3340 📏

    • 38.2%: 3315 📏

    • 50%: 3289 📏

    • 61.8%: 3265 📏

These levels provide critical support and resistance zones that traders should monitor closely.

3. Exponential Moving Averages (EMA)

Daily Time Frame:

  • EMA 50: 3305 📊

  • EMA 100: 3280 📊

  • EMA 200: 3250 📊

  • EMA 400: 3225 📊

4-Hour Time Frame:

  • EMA 50: 3320 📈

  • EMA 100: 3300 📈

  • EMA 200: 3280 📈

  • EMA 400: 3250 📈

The EMAs illustrate the overall trend direction, with the daily EMA levels indicating a bullish sentiment while the 4-hour EMAs show short-term fluctuations.

4. RSI Divergence

The Relative Strength Index (RSI) is currently showing a divergence on both daily and 4-hour charts. The RSI on the daily timeframe is at 65 📊, indicating potential overbought conditions, while the 4-hour RSI is at 55 📊, suggesting a more balanced market. This divergence may signal a possible pullback or consolidation phase in the near term.

5. Order Blocks

Order blocks have been identified around the following levels:

  • Bullish Order Block: 3250-3270 📦

  • Bearish Order Block: 3350-3370 📦

These zones are critical for understanding where institutional buying and selling may occur, providing insights into potential market reversals.

6. MACD Analysis

The Moving Average Convergence Divergence (MACD) is currently indicating a bullish crossover on the daily chart 📈, while the 4-hour chart shows a slight bearish divergence 📉. This mixed signal suggests caution, as traders should look for confirmation before entering positions.

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Summary of Key Levels

Daily & 4-Hour Support and Resistance

  • Daily Support Levels: 3280 🔽, 3260 🔽, 3240 🔽

  • Daily Resistance Levels: 3350 🔼, 3400 🔼, 3450 🔼

  • 4-Hour Support Levels: 3310 🔽, 3300 🔽, 3285 🔽

  • 4-Hour Resistance Levels: 3340 🔼, 3365 🔼, 3385 🔼

Exponential Moving Averages (EMA) Levels

  • Daily EMA Levels:

    • EMA 50: 3305 📊

    • EMA 100: 3280 📊

    • EMA 200: 3250 📊

    • EMA 400: 3225 📊

  • 4-Hour EMA Levels:

    • EMA 50: 3320 📈

    • EMA 100: 3300 📈

    • EMA 200: 3280 📈

    • EMA 400: 3250 📈

Weekly and Daily Pivots

  • Weekly Pivots:

    • Pivot Point: 3320

    • Resistance 1: 3355

    • Support 1: 3290

  • Daily Pivots:

    • Pivot Point: 3315

    • Resistance 1: 3345

    • Support 1: 3300

Fibonacci Retracement Levels

  • Fibonacci Levels: 3340 📏, 3315 📏, 3289 📏, 3265 📏

Fundamental Analysis and Upcoming USD News

📈 Upcoming USD News:

  • Inflation Rate Report: Scheduled for July 15, 2025

  • Federal Reserve Interest Rate Decision: Expected on July 30, 2025

  • Jobless Claims Data: To be released on July 12, 2025

These upcoming events are crucial as they can significantly impact the gold market. Traders should remain vigilant, as positive USD news may lead to a decrease in gold prices, while negative news could bolster gold's value.

Conclusion

In summary, the current analysis of XAUUSD highlights critical support and resistance levels, alongside key technical indicators that traders should monitor. With the ongoing fluctuations in the market and upcoming economic news, staying informed and prepared is essential for making strategic trading decisions. Keep an eye on the indicators and market trends to navigate the complexities of gold trading effectively. 🌟


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