🟡 XAUUSD Daily Market Analysis—June 2, 2025

Introduction 🌟

Welcome to today's comprehensive market analysis of XAUUSD (Gold) as of June 2, 2025. With the current live price of gold at 3,325 USD, we will delve into various technical indicators and market dynamics that influence gold prices. This analysis will cover both daily and 4-hour time frames, utilizing tools such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, Smart Money Concepts (SMC), support and resistance levels, order blocks, and MACD.

Market Analysis 🔍

Current Market Overview

Gold has always been a safe-haven asset, especially in times of economic uncertainty. As we analyze the current market conditions, we will focus on key technical indicators that provide insights into potential price movements.

Support and Resistance Levels 📊

Daily Time Frame

• Support Levels:

  • 1st Support: 3,245 USD

  • 2nd Support: 3,300 USD

  • 3rd Support: 3,275 USD
    

• Resistance Levels:

  • 1st Resistance: 3,366 USD (Swing High)

  • 2nd Resistance: 3,350 USD

  • 3rd Resistance: 3,400 USD
    

4-Hour Time Frame

• Support Levels:

  • 1st Support: 3,300 USD

  • 2nd Support: 3,275 USD

  • 3rd Support: 3,250 USD
    

• Resistance Levels:

  • 1st Resistance: 3,325 USD

  • 2nd Resistance: 3,350 USD

  • 3rd Resistance: 3,366 USD (Swing High)
    

Fibonacci Retracement Levels 📏

Using the swing high of 3,366 USD and the swing low of 3,245 USD, the Fibonacci retracement levels are as follows:

• 23.6% Level: 3,297 USD

• 38.2% Level: 3,284 USD

• 50.0% Level: 3,255 USD

• 61.8% Level: 3,232 USD

• 78.6% Level: 3,215 USD

These levels provide critical insights into potential reversal points and areas of interest for traders.

Exponential Moving Averages (EMA) 📈

Daily Time Frame

• EMA 50: 3,290 USD

• EMA 100: 3,275 USD

• EMA 200: 3,250 USD

• EMA 400: 3,220 USD
  

4-Hour Time Frame

• EMA 50: 3,310 USD

• EMA 100: 3,295 USD

• EMA 200: 3,270 USD

• EMA 400: 3,240 USD
  

The EMA levels indicate the overall trend direction. In the daily time frame, the EMAs suggest a bullish trend, while the 4-hour EMAs indicate a potential consolidation phase.

RSI Divergence 📉

The Relative Strength Index (RSI) is currently at 55, indicating that gold is neither overbought nor oversold. However, it’s essential to watch for potential divergence between price action and RSI, which could signal trend reversals. If the price makes a new high while the RSI fails to do so, it may indicate a weakening trend.

Order Blocks 📦

Order blocks are areas where significant buying or selling has occurred. Currently, the primary order block is located around the 3,300 USD level, where strong buying interest has been observed. This level could act as a support zone if prices retrace.

MACD Analysis ⚙️

The Moving Average Convergence Divergence (MACD) shows a bullish crossover, indicating upward momentum. The MACD line is above the signal line, suggesting that the bullish trend may continue in the short term. However, traders should remain cautious and watch for potential bearish signals.

Summary of Key Levels 🔑

Daily & 4-Hour Support and Resistance

• Daily Support Levels:

  • 3,245 USD

  • 3,300 USD

  • 3,275 USD
    

• Daily Resistance Levels:

  • 3,366 USD

  • 3,350 USD

  • 3,400 USD
    

• 4-Hour Support Levels:

  • 3,300 USD

  • 3,275 USD

  • 3,250 USD
    

• 4-Hour Resistance Levels:

  • 3,325 USD

  • 3,350 USD

  • 3,366 USD
    

Exponential Moving Averages (EMA)

Daily Time Frame

• EMA 50: 3,290 USD

• EMA 100: 3,275 USD

• EMA 200: 3,250 USD

• EMA 400: 3,220 USD
  

4-Hour Time Frame

• EMA 50: 3,310 USD

• EMA 100: 3,295 USD

• EMA 200: 3,270 USD

• EMA 400: 3,240 USD
  

Weekly and Daily Pivots

• Weekly Pivots:
  

  • Pivot Point: 3,300 USD

  • Resistance 1: 3,350 USD

  • Support 1: 3,250 USD
    

• Daily Pivots:
  

  • Pivot Point: 3,325 USD

  • Resistance 1: 3,350 USD

  • Support 1: 3,300 USD
    

Fibonacci Retracement Levels

• 23.6% Level: 3,297 USD

• 38.2% Level: 3,284 USD

• 50.0% Level: 3,255 USD

• 61.8% Level: 3,232 USD

• 78.6% Level: 3,215 USD
  

Fundamental Analysis and USD News 📉

As traders analyze the gold market, it’s crucial to consider upcoming USD news that could impact gold prices. Here are some important events to watch:

• Non-Farm Payrolls (NFP): Scheduled for June 7, this report will provide insights into job growth in the U.S. A strong NFP report could bolster the USD, potentially putting downward pressure on gold prices.

• Consumer Price Index (CPI): Set for June 12, this inflation report will be critical in assessing the economic outlook. Higher inflation could lead to increased demand for gold as a hedge against inflation.

• Federal Reserve Meeting: The next FOMC meeting on June 14 will be closely watched for any changes in monetary policy. Any hints at interest rate hikes could strengthen the USD and negatively affect gold.
  

Conclusion 🎯

In summary, today's analysis of XAUUSD reveals a complex interplay of technical indicators and market dynamics. With the current gold price at 3,325 USD, traders should closely monitor support and resistance levels, EMAs, RSI divergence, and order blocks. Additionally, upcoming USD news will play a significant role in shaping market sentiment and gold prices.