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🟡 XAUUSD Daily Market Analysis—June 17, 2025

  • Neom
  • Jun 17
  • 4 min read

Introduction

As of today, the current live price of gold (XAUUSD) is 3393 USD. In this detailed market analysis, we will explore both the daily and 4-hour time frames using various technical indicators, including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, Weekly and Daily Pivots, Smart Money Concepts (SMC), Support & Resistance Levels, Order Blocks, and MACD. This comprehensive overview aims to equip traders and investors with insights into potential market movements and strategies. 💰📈

Market Analysis

Current Market Overview

The gold market has shown fluctuations around the 3393 USD mark recently. This analysis will delve into the key indicators that traders should consider for making informed decisions.

Support & Resistance Levels

Daily Time Frame

  • Support Levels:

    • 3350 USD: A key support level where buying interest has previously emerged. 🔽

    • 3320 USD: A significant swing low that may provide support in the current market context. 🔽

    • 3300 USD: Another crucial support level that traders often monitor. 🔽

  • Resistance Levels:

    • 3420 USD: A psychological resistance level that has been tested multiple times. 🔼

    • 3400 USD: This level coincides with previous highs and may attract selling pressure. 🔼

    • 3450 USD: A critical resistance zone that could trigger further market reactions. 🔼

4-Hour Time Frame

  • Support Levels:

    • 3380 USD: A recent low that may provide immediate support. 🔽

    • 3365 USD: This level has shown buying interest in the past. 🔽

    • 3350 USD: A further support level that traders should monitor closely. 🔽

  • Resistance Levels:

    • 3400 USD: A resistance level that has been tested in recent sessions. 🔼

    • 3410 USD: Represents a short-term resistance zone. 🔼

    • 3430 USD: A critical level that could attract selling pressure. 🔼

Fibonacci Retracement Levels

Using the recent swing high of 3403 USD and swing low of 3293 USD, we can identify the following Fibonacci retracement levels:

  • 23.6% Retracement: 3315 USD 📏

  • 38.2% Retracement: 3350 USD 📏

  • 50.0% Retracement: 3360 USD 📏

  • 61.8% Retracement: 3390 USD 📏

  • 78.6% Retracement: 3410 USD 📏

These levels indicate potential reversal zones where traders might look for buying or selling opportunities.

Exponential Moving Averages (EMA)

Daily Time Frame

  • EMA 50: 3355 USD 📊

  • EMA 100: 3330 USD 📊

  • EMA 200: 3305 USD 📊

  • EMA 400: 3280 USD 📊

The EMAs indicate a bullish trend as the price is currently above the 50 EMA, suggesting upward momentum. 📈

4-Hour Time Frame

  • EMA 50: 3390 USD 📊

  • EMA 100: 3370 USD 📊

  • EMA 200: 3345 USD 📊

  • EMA 400: 3325 USD 📊

The 4-hour EMAs also reflect a bullish sentiment, with the price trading above the shorter-term EMAs. 📈

RSI Divergence

The Relative Strength Index (RSI) is currently at 62, indicating that the market is neither overbought nor oversold. However, if we observe any divergence between price action and the RSI, it could signal a potential reversal. Recent price increases accompanied by a declining RSI may indicate weakening momentum. 📉

Order Blocks

Order blocks are areas where significant buying or selling has occurred. In the current market, we can identify:

  • Bullish Order Block: Located around 3350 USD, where buying pressure has previously emerged. 💹

  • Bearish Order Block: Found near 3400 USD, where sellers have previously stepped in. 📉

MACD Analysis

The MACD indicator currently shows a bullish crossover, with the MACD line above the signal line. This suggests that upward momentum may continue in the near term, but traders should remain cautious of potential reversals. 📈

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Summary of Key Levels

Daily & 4-Hour Support and Resistance

  • Daily Support Levels: 3350 USD, 3320 USD, 3300 USD

  • Daily Resistance Levels: 3420 USD, 3400 USD, 3450 USD

  • 4-Hour Support Levels: 3380 USD, 3365 USD, 3350 USD

  • 4-Hour Resistance Levels: 3400 USD, 3410 USD, 3430 USD

Exponential Moving Average (EMA) Levels

  • Daily EMA Levels:

    • EMA 50: 3355 USD

    • EMA 100: 3330 USD

    • EMA 200: 3305 USD

    • EMA 400: 3280 USD

  • 4-Hour EMA Levels:

    • EMA 50: 3390 USD

    • EMA 100: 3370 USD

    • EMA 200: 3345 USD

    • EMA 400: 3325 USD

Weekly Pivots


  • Pivot Point: 3390 USD

  • Resistance 1: 3405 USD

  • Support 1: 3370 USD

Daily Pivots

  • Pivot Point: 3395 USD

  • Resistance 1: 3410 USD

  • Support 1: 3380 USD

Fibonacci Retracement Levels

  • 23.6%: 3315 USD

  • 38.2%: 3350 USD

  • 50.0%: 3360 USD

  • 61.8%: 3390 USD

  • 78.6%: 3410 USD

Fundamental Analysis and Upcoming USD News

📈 As we look ahead, several important USD news events are scheduled that could impact the gold market:

  1. Consumer Price Index (CPI) Release: Scheduled for next week, the CPI report will provide insights into inflation trends. Higher inflation may lead to increased demand for gold, potentially driving prices up. 📊

  2. Federal Reserve Meeting: The upcoming meeting will focus on interest rates and monetary policy. Any signals of tightening could strengthen the USD, affecting gold prices inversely. 🏦

  3. Employment Data: The monthly employment report will be released soon, providing insights into economic health. Strong employment figures typically correlate with higher gold demand. 📈

These upcoming events are crucial for traders to monitor, as they can significantly influence market sentiment and price movements in the gold sector.

Conclusion

In summary, the XAUUSD market presents a mix of bullish and cautious signals based on technical indicators. With the current price at 3393 USD, traders should remain vigilant, leveraging support and resistance levels, EMAs, and other technical tools to navigate potential market fluctuations. By staying informed about upcoming USD news, traders can better position themselves for opportunities in the gold market. 🌟


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